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$296,391

NAL Estimated Property Value

1206 Mustang Trl, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,141 Sq Ft
price_per_sqft$137.55 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size14,902 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0990120000021
Lot Number21
SubdivisionForest Cove Country Club Estates
Land UseResidential
Legal DescriptionLT 21 BLK 24 FOREST COVE COUNTRY CLUB ESTATES SEC 2
Census Tract251100
Assessed Land Value$119,020
Assessed Improvement Value$177,371
Assessment Year2025

About this property

Welcome to the beautiful subdivision of Forest Cove. This 4/2/2 approx. 2200 square foot Family Friendly one story is move in ready. Recent roof, Master shower updated, Guess bath updated, New kitchen sink and faucet and painted inside and out. Nice big fenced backyard. Large concrete outdoor sitting area, Front porch is perfect to watch the sunrise. Stop by today.

Investor Tools

Property Icon
$296,391
Estimated Property Value
$278,289Estimated Mortgage Balance
$18,102Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,778 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$55
$296,391
2025
$119,020
$177,371
$296,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$55
$296,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Unknown
$280,321
No
First
Dec 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,289
$18,102
6%
94%
$1,681/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,681/mo
+$989/mo
10.8%

Learn About the Market: Opportunity in Houston

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Explore

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 Mustang Trl | Property Details | No Agent List