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$277,000

NAL Estimated Property Value

12614 Pelican Bay Dr, Houston, TX, 77038

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.55 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,789 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1376100020020
Lot Number20
Land UseResidential
Legal DescriptionLT 20 BLK 2 FORESTWOOD SEC 6
Census Tract533804
Assessed Land Value$38,603
Assessed Improvement Value$214,929
Assessment Year2025

About this property

Step inside this vibrant and spacious 4-bedroom, 2.5 bathroom home, built in 2018, boast 2,139 sqft of living space. Outside, the landscape yard provides the perfect backdrop for outdoor gatherings or quiet moments of reflection. With its colorful charm and spacious layout, this home is ready to welcome its new owners. Schedule your tour today, it won't last long.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$165,431Estimated Mortgage Balance
$111,569Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,981
$253,532
2025
$38,603
$214,929
$253,532
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,981
$253,532

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$191,805
No
First
Jun 10, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,431
$113,569
40%
60%
$1,150/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,260/mo
+$966/mo
9.6%

City: Houston

12614 Pelican Bay Dr | Property Details | No Agent List