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$310,000

NAL Estimated Property Value

12502 Newport Arch Ln, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,655 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.77 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,673 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1410060010013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 1 CITY GATE SEC 2
Census Tract331502
Assessed Land Value$54,859
Assessed Improvement Value$248,391
Assessment Year2025

About this property

Adorable & nearly new single-story home in an up-and-coming community that's a gateway to the Houston Metroplex! Tucked at the end of a quiet cul de sac street in this gated neighborhood, you'll find a beautifully landscaped yard that sets the stage for this upgraded DR Horton floorplan with an open-concept living space featuring high ceilings, recessed lighting, & luxury vinyl plank floors throughout the dining room, extra spacious family room, & kitchen. You'll enjoy upgrades galore in the island kitchen, finished with grey quartz countertops, a subway tile backsplash, white cabinetry, a huge corner pantry, a lengthy serving bar with open shelving, and all stainless appliances including a gas cooktop. The secluded owners' retreat showcases a dual sink vanity, an oversized glass-enclosed shower, & an impressively sized closet. Also note the home automation & security system, the covered patio & fenced yard with a fire pit & no rear neighbors, & the great neighborhood amenities!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$607,202Estimated Mortgage Balance
$310,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,809
$303,250
2025
$54,859
$248,391
$303,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,809
$303,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$309,515
Yes
First
Apr 28, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$607,202
N/A
0%
196%
$3,712/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$5,012/mo
$-3,012/mo
7.7%

City: Houston

12502 Newport Arch Ln | Property Details | No Agent List