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$342,234

NAL Estimated Property Value

1219 Chestnut Ridge Rd, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,931 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size12,750 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN0974850000002
Lot Number2
SubdivisionForest Cove Country Club Estates
Land UseResidential
Legal DescriptionLT 2 BLK 41 FOREST COVE COUNTRY CLUB ESTATES SEC 1
Census Tract251100
Assessed Land Value$116,280
Assessed Improvement Value$225,954
Assessment Year2025

About this property

What a Beauty! "Never Flooded" Lovely Updated 3 Bedrooms 2 Baths, Formal Dining, Living Room, Den, Breakfast Bar and Screened Patio in one of Kingwood's most desirable communities...Forest Cove. This property sits on 12,750 square feet of land with no back neighbors. This spacious home has much to offer for the Buyer. Roof is 2 yrs old. Come home and relax in your beautiful oversize "Salt Water" lap pool. You must see the adorable screened porch overlooking the pool and Golf Course. Please be aware that the Golf Course is not an active Golf Course at this time. One of the few available homes in Forest Cove with a pool...and ready for you to call it your home! Well Water is connected to Sprinkler System. Property sits near the front of Kingwood with easy access from 59/69 and Hamblen Rd.

Investor Tools

Property Icon
$342,234
Estimated Property Value
$259,674Estimated Mortgage Balance
$82,560Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,053 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,902
$342,234
2025
$116,280
$225,954
$342,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,902
$342,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$284,900
Yes
First
Sep 22, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,674
$82,560
24%
76%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,834/mo
+$236/mo
7.3%

City: Houston

1219 Chestnut Ridge Rd | Property Details | No Agent List