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Owner Contacts

$314,000

NAL Estimated Property Value

1318 Mabry Mill Rd, Houston, TX, 77062

Off Market

4 Beds

2 Bath

1,971 Sq Ft

Single Family Residence

$1.14 / sqft

Built in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dryer, Refrigerator, Dishwasher

FlooringCarpet, Marble, Tile, Vinyl

Exterior

Lot Size6,930 sqft

Building Information

Year Built1988

Garage Spaces1

Land Information

APN1167370020012

Lot Number12

SubdivisionBay Glen

Land UseResidential

Legal DescriptionLT 12 BLK 2 BAY GLEN SEC 4

Census Tract340800

Assessed Land Value$79,383

Assessed Improvement Value$226,318

Assessment Year2025

About this property

Tired of apartment living? Then check out the beautiful 3/4 bedroom, 2 bath home that backs up to the neighborhood bayou, which insures backyard privacy. Enjoy gatherings on the large covered back patio with swing. If the gathering is more formal, then the formal dining is perfect. The kitchen offers tile counters and back splash, gas stove & oven, & lots of cabinet & counter space. The family room is just off the kitchen and has gaslog fireplace. The primary bedroom is spacious and has Jacuzzi tub, double sinks & separate shower in the bathroom. Home has luxury vinyl in entry way, formal dining, living room & Primary suite. Carpet is in the remaining bedrooms & ceramic tile in kitchen & bath. Hurry this one won't last long!

Investor Tools

$314,000

Estimated Property Value

$72,869Estimated Mortgage Balance

$241,131Estimated Equity

76% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,884 /month

Positive

Cash Flow Estimate:

$628 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$402/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,254

$305,701

2025

$79,383

$226,318

$305,701

Tax History

Year

Tax Paid

Assessed Value

2024

$3,254

$305,701

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Countrywide Bank Fsb

Unknown

$93,000

First

Mar 2, 2016

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$72,869

$237,131

76%

23%

$558/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$558/mo

+$1,668/mo

8.5%

Learn About the Market: Opportunity in Houston

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