$247,000
NAL Estimated Property Value11902 Mule Springs Dr, Houston, TX, 77034
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size3,498 sqft
Building Information
Year Built2000
Garage Spaces2
Land Information
APN1216090040007
Lot Number7
SubdivisionTierra Glen
Land UseResidential
Legal DescriptionLT 7 BLK 4 TIERRA GLEN SEC 1
Census Tract321102
Assessed Land Value$46,274
Assessed Improvement Value$178,181
Assessment Year2025
About this property
Discover this inviting home at 11902 Mule Springs Dr, Houston, TX 77034, offering comfort and convenience in a desirable neighborhood. This property features a functional layout with spacious living areas, a well-appointed kitchen, and ample natural light throughout. The backyard provides plenty of space for outdoor enjoyment. Conveniently located near major highways, shopping, and dining, this home is a great opportunity for buyers seeking a blend of comfort and accessibility. New roof will be put on before closing.
Investor Tools
$247,000
Estimated Property Value
$188,330Estimated Mortgage Balance
$58,670Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,910
$224,455
2025
$46,274
$178,181
$224,455
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,910
$224,455
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$191,999
No
First
Apr 16, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,330
$45,670
19%
76%
$1,152/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,452/mo
+$270/mo
8.4%
