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B+

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Owner Contacts

$311,000

12518 Fleet River Rd Fl Eet, Houston, TX, 77047

Off Market

4 Beds

2 Bath

1,673 Sq Ft

Single Family Residence

$159.59 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1503760010013

Lot Number13

Land UseResidential

Legal DescriptionLT 13 BLK 1 CITY GATE SEC 1

Census Tract331502

Assessed Land Value$53,020

Assessed Improvement Value$246,457

Assessment Year2025

About this property

It's time to enjoy the Gated Community of City Gate! This Charming home should be ready mid December! The Chicago Floor Plan by D.R. Horton showcases "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 too! Stunning 1 Story home w/4 Bedrooms & 2 Full Bathrooms!2 Car Garage w/windows, Front Yard Sod & irrigation system! 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! 3 Guest Bedrms & 1 Full Bath! No Flooding!

Investor Tools

$311,000

Estimated Property Value

$259,208Estimated Mortgage Balance

$78,385Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,866 /month

Positive

Cash Flow Estimate:

$622 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$441/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,733

$299,477

2025

$53,020

$246,457

$299,477

Tax History

Year

Tax Paid

Assessed Value

2024

$3,733

$299,477

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Fha

$259,208

Yes

First

Jan 15, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$232,615

$84,385

26%

75%

$1,555/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$2,755/mo

$-165/mo

10.0%

Learn About the Market: Opportunity in Houston

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