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$282,000

NAL Estimated Property Value

1215 Mountain Lake Dr, Missouri City, TX, 77459

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,683 Sq Ft
price_per_sqft$122.4 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Cooktop, Gas Oven, Free-Standing Range
FlooringLaminate, Tile

Exterior

Lot Size6,532 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5005-01-002-1120-907
Lot Number112
SubdivisionLexington Settlement Sec 1
Land UseResidential
Legal DescriptionLEXINGTON SETTLEMENT SEC 1, BLOCK 2, LOT 112, R/P
Census Tract671501
Assessed Land Value$40,300
Assessed Improvement Value$212,174
Assessment Year2025

About this property

SHOWING START 7/6/19. COZY ONE STORY, THREE BEDROOM HOUSE WITH OPEN FLOOR PLAN. BOTH BATHROOM HAS BEEN UPDATED WITH NEW GRANITE COUNTERTOP, NEW VANITY, TILE FLOORING AND FRESH PAINT. ROOF WAS REPLACED IN 2017, FULL SPRINKLER SYSTEM WAS INSTALLED IN 2016, HOT WATER HEATER WAS REPLACED IN 2015. ALL WINDOWS HAVE BEEN REPLACED WITH DOUBLE PANNEL WINDOWS IN 2012. WASHER/DRYER/FRIG AND ALL FURNITURE IN THE BEDROOMS ARE INCLUDED. THERE IS A BONUS ROOM ABOUT 100 SQFT IN THE BACK. BACKYARD IS FULLY FENCED.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,766
$252,474
2025
$40,300
$212,174
$252,474
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,766
$252,474

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$225/mo
+$2,355/mo
11.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Missouri City

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1215 Mountain Lake Dr | Property Details | No Agent List