$450,000
13505 Palo Lake Ln, Houston, TX, 77044
On Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,190 sqft
Building Information
Year Built2014
Garage Spaces2
Land Information
APN1348780030001
Lot Number1
SubdivisionWaters Edge
Land UseResidential
Legal DescriptionLT 1 BLK 3 WATERS EDGE SEC 14
Census Tract252003
Assessed Land Value$66,211
Assessed Improvement Value$349,298
Assessment Year2025
About this property
Please contact agent for details. All measurements are approximate have buyers verify independently.
Investor Tools
$224,118Estimated Mortgage Balance
$192,882Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
$1,331/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$415,509
2025
$66,211
$349,298
$415,509
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$415,509
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$261,000
Yes
First
May 20, 2019
Jun 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,118
$192,882
46%
54%
$1,565/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,896/mo
$-106/mo
8.0%
