$235,000
1315 Newsome Glenn Dr, Houston, TX, 77090
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size5,489 sqft
Building Information
Year Built2011
Garage Spaces2
Land Information
APN1310600020014
Lot Number14
SubdivisionEagle Landing
Land UseResidential
Legal DescriptionLT 14 BLK 2 EAGLE LANDING SEC 6
Census Tract550306
Assessed Land Value$53,070
Assessed Improvement Value$215,772
Assessment Year2025
About this property
HANDYMAN'S DREAM. This is a 5 Bedrooms, 2 and 1/2 bathrooms home in need of TLC. The game room upstairs was converted to a 5th bedroom and can be easily brought back to game room. Home needs new carpet/flooring, paint and general cosmetics. Located near I 45, Kuykendahl Rd, the Metro park and ride, and the BWY 8; this make easy to commute around from this home. Sold AS IS, priced accordingly.
Investor Tools
$130,912Estimated Mortgage Balance
$148,088Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$550/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,918
$268,842
2025
$53,070
$215,772
$268,842
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,918
$268,842
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houstonian Mortgage Group Inc
Conventional
$158,083
No
First
May 19, 2017
Jun 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,912
$148,088
53%
47%
$973/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,523/mo
+$797/mo
10.0%
