1Days on Market

4view

$265,000

13242 Gerngross Ln, Houston, TX, 77044

On Market

Just Added

3 Beds

2 Bath

1,687 Sq Ft

Single Family Residence

$157.08 / sqft

Built in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Convection Oven, Microwave, Gas Range

FlooringCarpet, Tile

Exterior

Lot Size5,384 sqft

Building Information

Year Built2006

Garage Spaces1

Land Information

APN1272910050007

Lot Number7

SubdivisionSierra Ranch

Land UseResidential

Legal DescriptionLT 7 BLK 5 SIERRA RANCH

Census Tract232306

Assessed Land Value$43,269

Assessed Improvement Value$185,788

Assessment Year2025

About this property

Welcome to 13242 Gerngross Lane in Sierra Ranch! Upon entry, you'll find ceramic tile flooring throughout the 1st floor. Remodeled Kitchen features quartz countertops with plenty of cabinet and countertop space. All stainless steel appliances will remain with the home saving you time and money upon move-in. Providing privacy away from the secondary bedrooms, the Primary Bedroom is located on the first floor, with a walk-in closet and stand alone shower with seating. Did I mention that the Laundry Room is also on the first floor?! Upstairs you'll find the game room overlooking the first floor & 2 additional bedrooms with a full sized bathroom. Highlights of this home are: Primary & Laundry Room on 1st Floor, Water Filtration throughout, 16 SEER HVAC (2016), 8 Yr Old Roof, & entire Vivint Security system stays with the home. Schedule your home tour now & move in just in time to start decorating for the Fall Season!

Investor Tools

$229,057

Estimated Property Value

$183,000Estimated Mortgage Balance

$5,809Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

Interested in this property?

Candie Robles

Vaughn Realty & Co

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$226/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,566

$229,057

2025

$43,269

$185,788

$229,057

Tax History

Year

Tax Paid

Assessed Value

2024

$1,566

$229,057

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United States Small Business Admin

Sba Participation Trust Deed

$56,400

First

Sep 15, 2017

Sep 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$223,248

$5,809

97%

$1,437/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,160/mo

$1,737/mo

+$423/mo

11.3%

Learn About the Market: Opportunity in Houston

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