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$528,000

NAL Estimated Property Value

1206 Heritage Creek Park, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,454 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.45 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size2,679 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1224940010028
Lot Number28
SubdivisionHeritage Creek
Land UseResidential
Legal DescriptionLT 28 BLK 1 HERITAGE CREEK
Census Tract511003
Assessed Land Value$184,695
Assessed Improvement Value$262,206
Assessment Year2025

About this property

Fabulous updated  two-story home in the sought after Heritage Creek gated community located in the Heights/Timbergrove area. First floor living w/ open floor plan w/ kitchen/dining/living room; ideal for entertaining! Gorgeous chef's kitchen w/quartz counters, island, breakfast bar, stainless appliances. Light filled dining space. Spacious living rm w/fireplace. Upstairs features a large primary suite w/ updated bath w/granite counters, frameless shower, huge custom walk-in closet. 2 guest beds up w/shared bath. Flex space at the top of the stairs; makes an ideal study/game room. One of the largest backyards in the community (per seller); plenty of space to enjoy outdoor entertaining & for pets/kids to play! Easy access to major freeways; minutes from Downtown, Galleria, Energy Corridor. Walking distance to numerous parks/bike trails, close to tons of popular dining & nightlife. Community has an add’l parking lot for guests. HOA includes water/sewer/trash/landscaping/gate. A must see!

Investor Tools

Property Icon
$528,000
Estimated Property Value
$428,191Estimated Mortgage Balance
$99,809Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,021/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,610
$446,901
2025
$184,695
$262,206
$446,901
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,610
$446,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Va
$462,000
Yes
First
Jun 22, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$428,191
$97,809
18%
81%
$2,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,970/mo
$-740/mo
5.1%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1206 Heritage Creek Park | Property Details | No Agent List