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$316,000

12526 Newport Arch Ln, Houston, TX, 77047

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,655 Sq Ft
price_per_sqft$190.94 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size5,057 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1410060010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 CITY GATE SEC 2
Census Tract331502
Assessed Land Value$53,083
Assessed Improvement Value$248,391
Assessment Year2025

About this property

Beautiful 3 bedroom, 2 bath home built in 2021 featuring an open-concept layout, spacious kitchen with breakfast bar and private primary suite. Conveniently located with easy access to Hwy 288, Beltway 8, Downtown Houston, and the Texas Medical Center. Ideal for first -time home-buyers, those looking to downsize or invest in a rental property. Don't missed this move in ready opportunity!

Investor Tools

$230,522Estimated Mortgage Balance
$71,398Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

Interested in this property?

Shantel Lofton

Jireh MP Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,056
$301,474
2025
$53,083
$248,391
$301,474
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,056
$301,474

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$254,375
Yes
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,522
$73,478
24%
76%
$1,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,826/mo
$-826/mo
8.0%

City: Houston

12526 Newport Arch Ln | Property Details | No Agent List