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$565,073

NAL Estimated Property Value

1222 Commons Waterway Dr, Huffman, TX, 77336

$640,628 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,198 Sq Ft
price_per_sqft$202.94 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.03 acres

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1288040030002
Lot Number2
SubdivisionCommons Waterway
Land UseResidential
Legal DescriptionLT 2 BLK 3 COMMONS WATERWAY
Census Tract251600
Assessed Land Value$84,066
Assessed Improvement Value$481,007
Assessment Year2025

About this property

The dream home that you have been waiting for in the sought after community of The Commons of Lake Houston is on the market! This stunning one story, 3 bedroom, 2 1/2 bath former model home features a peaceful wooded backyard with an exquisite private pool, gazebo, and fire pit to relax and enjoy the outdoors. This fabulous MUST SEE IN PERSON home boasts soaring tray ceilings, a beautiful stone fireplace with gas logs, island kitchen with granite counters, huge walk-in pantry, formal dining room, study, large utility room, and a three car garage! The property has plenty of room for a future workshop if desired. The Commons features miles of hiking, biking, equestrian trails, two lake access parks, boat ramp, community pool, and wildlife to enjoy nature. The low property taxes, low water bills, and its proximity to IAH, Hwy 99, and commutable to Houston is the perfect dream home.

Investor Tools

Property Icon
$565,073
Estimated Property Value
$0Estimated Mortgage Balance
$565,073Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$640,627
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$1,030/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,342
$565,073
2025
$84,066
$481,007
$565,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,342
$565,073

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$619,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,030/mo
+$692/mo
3.7%

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: Huffman

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1222 Commons Waterway Dr | Property Details | No Agent List