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$249,000

13422 Somersworth Dr, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size6,817 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1147380050028
Lot Number28
SubdivisionConcord Bridge
Land UseResidential
Legal DescriptionLT 28 BLK 5 CONCORD BRIDGE SEC 1
Census Tract540700
Assessed Land Value$57,779
Assessed Improvement Value$172,721
Assessment Year2025

About this property

COMPLETELY RENOVATED WITH NEW TILE FLOORING, FRESH PAINT, AND QUARTZ KITCHEN COUNTER TOP. IT IS AN OPEN CONCEPT HOME LOCATED IN ONE OF VERY GOOD SCHOOL DISTRICT - CYPRESS FAIRBANK. EASY ACCESS TO ENERGY CORRIDOR AND HW6. FRIDGE INCLUDED.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$40,000Estimated Mortgage Balance
$210,189Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,765
$230,500
2025
$57,779
$172,721
$230,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,765
$230,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
John Pham
Seller Carryback / Seller Financing / Seller Take-Back
$40,000
No
First
Sep 17, 2024
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,811
$215,189
84%
16%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$610/mo
+$1,640/mo
10.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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13422 Somersworth Dr | Property Details | No Agent List