$222,000
NAL Estimated Property Value11606 Gullwood Dr, Houston, TX, 77089
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood
Exterior
Lot Size4,247 sqft
Building Information
Year Built1983
Garage Spaces2
Land Information
APN1154720030042
Lot Number42
SubdivisionHighland Meadow
Land UseResidential
Legal DescriptionLT 42 BLK 3 HIGHLAND MEADOW SEC 2
Census Tract350400
Assessed Land Value$37,518
Assessed Improvement Value$175,458
Assessment Year2025
About this property
Come tour this meticously maintained 3 bedroom 2 full bath home. Upon entering the property you are a greeted by a large family room with dining room/breakfast room. Wood flooring in family room. The large first floor primary suite has walk in closet with upgraded bathroom. Upgraded kitchen cabinets with granite counter tops. Upstairs features 2 secondary bedrooms with upgraded secondary bath. Large backyard. Recent A/C. Do not miss this great opportunity book today!!!
Investor Tools
$222,000
Estimated Property Value
$206,234Estimated Mortgage Balance
$15,766Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$415/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,578
$212,976
2025
$37,518
$175,458
$212,976
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,578
$212,976
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$220,924
Yes
First
Oct 4, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,234
$13,766
6%
93%
$1,325/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,740/mo
+$50/mo
9.7%
