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Owner Contacts

$563,000

NAL Estimated Property Value

1220 Seamist Dr, Houston, TX, 77008

Off Market

3 Beds

3 Bath

2,095 Sq Ft

$223.87 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSide Yard

Lot Size4,400 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1238120010001

Lot Number1

SubdivisionTimbergrove Court

Land UseResidential

Legal DescriptionLT 1 BLK 1 TIMBERGROVE COURT

Census Tract511003

Assessed Land Value$189,000

Assessed Improvement Value$298,340

Assessment Year2025

About this property

This former model home offers great curb appeal and is located in a gated community. Nearby amenities include a short walk to Jaycee Park with paved walking trail, baseball field, tennis courts, children's playground and water feature plus only ten minutes to downtown and Galleria Business Centers. Recent upgrades include newly engineered wood flooring, painted interior, electric garage door openers with remotes, garbage disposal and central air. Kitchen boasts updated tile, custom cabinets, under cabinet lighting and additional pantry space. The back garden has noise reflective brick walls and extra patio space, upgraded Austin stone landscape borders and landscape lighting. Insulated garage doors and large storage area above. Zoned to Sinclair Elementary, a STEM and Communications Magnet School plus close to grocery stores, Heights restaurants and shopping district!

Investor Tools

$563,000

Estimated Property Value

$0Estimated Mortgage Balance

$563,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,378 /month

Positive

Cash Flow Estimate:

$1,126 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$530/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,540

$487,340

2025

$189,000

$298,340

$487,340

Tax History

Year

Tax Paid

Assessed Value

2024

$3,540

$487,340

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$554,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$1,200/mo

+$1,030/mo

4.8%

Learn About the Market: Opportunity in Houston

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