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$1,349,000

NAL Estimated Property Value

1240 Mosaico Ln, Houston, TX, 77055

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,832 Sq Ft
price_per_sqft$274.01 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Stone, Tile, Wood

Exterior

Lot Size4,896 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1337700010053
Lot Number53
SubdivisionRavenna
Land UseResidential
Legal DescriptionLT 53 BLK 1 RAVENNA
Census Tract520100
Assessed Land Value$484,704
Assessed Improvement Value$776,580
Assessment Year2025

About this property

Spectacular home NEARING COMPLETION. MEDIA ROOM, ROOF TOP DECK, and plenty of yard space with ROOM FOR A POOL make for the perfect home for entertaining in Ravenna, Lovett's exclusive GATED community in Spring Branch. This corner lot gets lots of natural light. Kitchen has Miele European stainless-steel appliances. Wood floors, natural stone, and tile throughout home. Just a five minute walk to the Awty International School.

Investor Tools

Property Icon
$1,349,000
Estimated Property Value
$455,296Estimated Mortgage Balance
$893,704Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,094 /month
Positive
Cash Flow Estimate:
$2,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
$3,595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,007
$1,261,284
2025
$484,704
$776,580
$1,261,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,007
$1,261,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$510,400
No
First
Oct 14, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,296
$918,704
66%
34%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$6,656/mo
$-4,934/mo
1.5%

City: Houston

1240 Mosaico Ln | Property Details | No Agent List