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$309,000

NAL Estimated Property Value

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

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,617 Sq Ft
price_per_sqft$154.6 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee 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, 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

Property Icon
$309,000
Estimated Property Value
$230,742Estimated Mortgage Balance
$78,258Estimated Equity
25% 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
No

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%

City: Houston

12550 Fleet River Rd Fl Eet | Property Details | No Agent List