Street View

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Owner Contacts

$310,000

12506 Fleet River Rd Fl Eet, Houston, TX, 77047

Off Market

3 Beds

2 Bath

1,516 Sq Ft

Single Family Residence

$174.8 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,780 sqft

Building Information

Year Built2020

Garage Spaces1

Land Information

APN1503760010016

Lot Number16

Land UseResidential

Legal DescriptionLT 16 BLK 1 CITY GATE SEC 1

Census Tract331502

Assessed Land Value$53,877

Assessed Improvement Value$241,922

Assessment Year2025

About this property

It's time to enjoy the Gated Community of City Gate! This Charming home IS MOVE IN READY! CALL US TODAY! The Boston Floor Plan by D.R. Horton showcases 2 Car Garage w/windows, Upgraded Stone Elevation, Front Yard Sod & irrigation system! Stunning 1 Story home w/High Ceilings & Gorgeous Wood Looking Plank Vinyl Floors Throughout & Carpeting in all bedrooms! Amazing Family Room w/Wall of Windows overlooking Covered Patio & flows gracefully into the Casual Dining area & Gourmet Kitchen featuring Gorgeous Quartz Counters, Stainless Appliances, Tall Cabinets, Eat-in & Working Station Island w/Under-mount Stainless Sink & more! Primary Suite w/Luxurious Bath w/Huge Shower & Huge Walk-in Closet! 2 Guest Bedrooms & 1 Full Bath! Also features the "Smart Home Automation" which allows you to control your home from anywhere w/Echo Dot, Skybell, Wireless Security exterior doors, electronic deadbolt & smart thermostat & more!The HOA is responsible for maintaining the front yard!No Flooding!

Investor Tools

$310,000

Estimated Property Value

$232,191Estimated Mortgage Balance

$100,807Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,860 /month

Positive

Cash Flow Estimate:

$620 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$440/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,734

$295,799

2025

$53,877

$241,922

$295,799

Tax History

Year

Tax Paid

Assessed Value

2024

$3,734

$295,799

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Conventional

$232,191

First

Mar 25, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,193

$102,807

32%

67%

$1,393/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$2,593/mo

$-593/mo

7.7%

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