$265,000
NAL Estimated Property Value1247 Gibson Crossing Way, Houston, TX, 77067
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher
Exterior
Lot Size5,624 sqft
Building Information
Year Built2007
Garage Spaces1
Land Information
APN1295180010036
Lot Number36
SubdivisionSpears Crossing
Land UseResidential
Legal DescriptionLT 36 BLK 1 SPEARS CROSSING
Census Tract550500
Assessed Land Value$38,295
Assessed Improvement Value$217,249
Assessment Year2025
About this property
Enjoy this LARGE 4 bedroom 2.5 bathroom home located in Spring, Texas. This home is equipped with an open floor plan, master bedroom and utility room on the first floor and large game room with 3 bedrooms on the 2nd floor. Equipped with all appliances which includes the fridge, dishwasher, range and microwave, with a little TLC this home is ready to move in.
Investor Tools
$265,000
Estimated Property Value
$161,711Estimated Mortgage Balance
$103,289Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$255,544
2025
$38,295
$217,249
$255,544
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,040
$255,544
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$181,649
Yes
First
Sep 3, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,711
$104,289
39%
61%
$1,090/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,090/mo
+$1,136/mo
10.1%
