49Days on Market

1view

$317,700

1303 Sherwood Point Lane, Houston, TX, 77043

On Market

3 Beds

2 Bath

1,515 Sq Ft

Single Family Residence

$209.7 / sqft

Built in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size1,886 sqft

Building Information

Year Built2006

Garage Spaces1

Land Information

APN1264000010015

Lot Number15

SubdivisionSherwood Terrace R/P

Land UseResidential

Legal DescriptionLT 15 BLK 1 SHERWOOD TERRACE R/P

Census Tract543201

Assessed Land Value$112,997

Assessed Improvement Value$212,003

Assessment Year2025

About this property

Beautiful move in ready home located in the gated community of Sherwood Terrace and zoned to highly regarded Spring Branch ISD. This two story property offers a functional and well designed layout with wood style flooring, fresh interior paint, granite countertops, and stainless steel appliances. Spacious bedrooms include walk in closets, and the home features an attached two car garage for added convenience. Enjoy a private brick paved patio, perfect for outdoor relaxation. Ideally situated with easy access to I 10 and Beltway 8, and just minutes from CityCentre, Memorial City, the Energy Corridor, major employers, restaurants, and shopping. Water, trash, and sewer services are included.

Investor Tools

$0Estimated Mortgage Balance

$325,000Estimated Equity

100% 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

Interested in this property?

Antonio Maari

OakHouse Real Estate

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$419/month

$3,450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,399

$325,000

2025

$112,997

$212,003

$325,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,399

$325,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$325,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

$3,450/mo

$-1,680/mo

6.5%

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