$241,000
NAL Estimated Property Value1223 Diamond Drape Dr, Iowa Colony, TX, 77583
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
Exterior
Lot Size6,499 sqft
Building Information
Year Built2018
Stories1
Roof Type105
Garage Spaces2
Land Information
APN7793-3004-032
Lot Number32
SubdivisionSterling Lakes West Sec 3
Land UseResidential
Legal DescriptionSTERLING LAKES WEST SEC 3 (A0714 WM PATTUS) BLK 4 LOT 32
Census Tract661902
Assessed Land Value$49,600
Assessed Improvement Value$181,400
Assessment Year2025
About this property
Come view this beautiful 3-bedroom 2-bath home in the gated community of Sterling Lakes. The home is equipped with a large family room, separate dining room and a large backyard with NO back neighbors perfect.
Investor Tools
$241,000
Estimated Property Value
$157,822Estimated Mortgage Balance
$83,178Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$950/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,965
$231,000
2025
$49,600
$181,400
$231,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,965
$231,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$172,500
No
First
Nov 2, 2021
Dec 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,822
$81,178
33%
65%
$1,035/mo
