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$328,000

1230 Mountain Lake Drive, Missouri City, TX, 77459

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.3 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesSprinkler System
Lot Size6,515 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5005-01-002-0970-907
Lot Number97
SubdivisionLexington Settlement Sec 1
Land UseResidential
Legal DescriptionLEXINGTON SETTLEMENT SEC 1, BLOCK 2, LOT 97, R/P
Census Tract671501
Assessed Land Value$40,300
Assessed Improvement Value$264,350
Assessment Year2025

About this property

Beautifully maintained mainly brick home located on a quiet cul-de-sac at 1230 Mountain Lake Dr, Missouri City, TX 77459! Offering approximately 2,300 sq ft, this 3-bedroom, 2-bath home features lush landscaping, double driveway parking, and a 2-car attached garage. Inside, enjoy high ceilings throughout with attractive wood-look and tile flooring—no carpet! The spacious kitchen boasts granite countertops, breakfast bar, bright lighting, small walk-in pantry, and conveniently located washer/dryer area. Open dining and family room combo creates a functional layout perfect for everyday living and entertaining. The bright primary suite offers dual sinks, modern mirrors, separate soaking tub, and separate shower. Relax year-round in the enclosed covered patio with tile flooring. Centrally located in the Southwest Houston area, this home is ready for your private tour—schedule your showing today!

Investor Tools

$251,799Estimated Mortgage Balance
$76,201Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,714
$304,650
2025
$40,300
$264,350
$304,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,714
$304,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$273,680
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,799
$76,201
23%
77%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,004/mo
+$576/mo
9.4%

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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1230 Mountain Lake Drive | Property Details | No Agent List