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$322,000

NAL Estimated Property Value

1303 New Cedars Dr, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.81 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,566 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1166790030001
Lot Number1
SubdivisionBay Glen
Land UseResidential
Legal DescriptionLT 1 BLK 3 BAY GLEN SEC 2
Census Tract340800
Assessed Land Value$77,119
Assessed Improvement Value$238,113
Assessment Year2025

About this property

Situated on a well-manicured, corner lot, this Bay Glen beauty has 3 full bedrooms with easy potential of converting the game room into a 4th bedroom. The game room is being used as office space at the moment. Water softener, central filtration system, CCTV cameras, backyard tent, sound system included. The entry has high ceilings and tile floorings, the kitchen has updated appliances with granite counters & updated cabinetry The formal living & den both have stack-stone fireplaces. Lots of custom and tasteful touches throughout the house. Security system with cameras included. With the enclosed backyard and flagstone decking, you'll be sure to enjoy family events as well! You must see it to appreciate it!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$290,735Estimated Mortgage Balance
$31,265Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$347/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,708
$315,232
2025
$77,119
$238,113
$315,232
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,708
$315,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$312,000
Yes
First
Sep 14, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,735
$26,265
8%
90%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,218/mo
+$8/mo
8.3%

City: Houston

1303 New Cedars Dr | Property Details | No Agent List