$234,000
NAL Estimated Property Value1310 Somercotes Ln, Channelview, TX, 77530
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
AppliancesElectric Oven
FlooringTile
Exterior
Lot Size6,098 sqft
Building Information
Year Built1993
Stories1
Garage Spaces2
Land Information
APN1095160000010
SubdivisionSterling Green
Land UseResidential
Legal DescriptionTRS 10 & 11A BLK 6 STERLING GREEN SEC 2
Census Tract252303
Assessed Land Value$37,015
Assessed Improvement Value$172,979
Assessment Year2025
About this property
This home makes a great starter home or investment property. Home is finished with new paint. Home features 3 bedrooms, 2 full bath, and 2 car garage. Large living room with brick fireplace, opens to dining area and open kitchen. Hurry in!
Investor Tools
$234,000
Estimated Property Value
$171,939Estimated Mortgage Balance
$62,061Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$270/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,757
$209,994
2025
$37,015
$172,979
$209,994
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,757
$209,994
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$184,203
No
First
Jun 30, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,939
$51,061
22%
73%
$1,139/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,409/mo
+$313/mo
8.8%
