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$505,000

1206 Melford Dr, Houston, TX, 77077

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.96 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,189 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1177630010036
Lot Number36
SubdivisionCharlton Park
Land UseResidential
Legal DescriptionLT 36 BLK 1 CHARLTON PARK
Census Tract451604
Assessed Land Value$243,040
Assessed Improvement Value$269,095
Assessment Year2025

About this property

Stunning two-story expansive residence situated on a premier, oversized lot on cul-de-sac in highly sought-after Parkway Villages. A sophisticated interior featuring a mix of traditional and contemporary aesthetics, it includes new white oak luxury vinyl plank flooring, a crisp, white paint palette throughout, picture moulding, high ceilings, updated lighting and layered crown moulding. The white island kitchen boasts brand-new appliances which flows seamlessly into the roomy family room with gaslog fireplace and walls of windows, an entertainer's dream. With multiple versatile living areas, there is ample room for a home office, playroom, or formal lounge. The primary bedroom upstairs is expansive with bright and spacious ensuite. All 4 bedrooms feature new, plush carpeting. Other big ticket items include recent HVAC, furnace & water heater. The oversized lot serves as a rare opportunity, offering plenty of room for outdoor activities and options for gardens, play areas and more.

Investor Tools

$0Estimated Mortgage Balance
$529,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

Interested in this property?

Lacey Cannon

Lacey Cannon Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$1,453/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,510
$512,135
2025
$243,040
$269,095
$512,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,510
$512,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Unknown
$77,206
No
First
N/A
Nov 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$534,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,453/mo
+$1,427/mo
6.5%

City: Houston

1206 Melford Dr | Property Details | No Agent List