Street View

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Owner Contacts

$309,000

12550 Fleet River Rd Fl Eet, Houston, TX, 77047

Off Market

3 Beds

2 Bath

1,617 Sq Ft

Single Family Residence

$154.6 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

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

APN1503760010005

Lot Number5

Land UseResidential

Legal DescriptionLT 5 BLK 1 CITY GATE SEC 1

Census Tract331502

Assessed Land Value$53,020

Assessed Improvement Value$249,744

Assessment Year2025

About this property

It's time to enjoy the Gated Community of City Gate where the HOA is responsible for maintaining your front yard! D.R. Horton outstanding Open Floor Plan, the Paula Floor Plan should be ready mid December just in time for Christmas! This 3 Bedroom, 2 Full Bathroom home features the "Smart Home Automation System"which allows you to control your home from anywhere w/Echo Dot, Skybell,Wireless Security exterior doors,electronic deadbolt,smart thermostat & more! Gorgeous home w/High Ceilings & Wood Looking Plank Vinyl Floors Throughout & Carpeting in all bedrooms! Huge 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(room for 2) & Walk-in Closet! 2 Bedrooms & 1 Full Bath! Energy Efficient Home & is HERS Rated!No Flooding!Call us today!

Investor Tools

$309,000

Estimated Property Value

$245,461Estimated Mortgage Balance

$78,258Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,854 /month

Positive

Cash Flow Estimate:

$618 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$469/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,077

$302,764

2025

$53,020

$249,744

$302,764

Tax History

Year

Tax Paid

Assessed Value

2024

$4,077

$302,764

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Fha

$245,461

Yes

First

Dec 23, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$230,742

$80,258

25%

75%

$1,544/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$2,744/mo

$-154/mo

10.1%

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