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$227,000

NAL Estimated Property Value

13515 Wells River Dr, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.12 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size6,146 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1147380070045
Lot Number45
SubdivisionConcord Bridge
Land UseResidential
Legal DescriptionLT 45 BLK 7 CONCORD BRIDGE SEC 1
Census Tract540700
Assessed Land Value$57,143
Assessed Improvement Value$144,064
Assessment Year2025

About this property

This well maintained 3 bed/2 bath home is nestled on a quiet cul de sac in desirable Concord Bridge. From the moment you enter the home you will be delighted by it’s open concept and vaulted ceilings. The home features a private courtyard entry with a soothing fountain, a brick wood burning fireplace, a four burner gas stove, whole home gutters, and all hard surface floors. Updates include PEX plumbing, dual pane windows, a newer dishwasher, condensing unit and hot water heater. The stainless steel Samsung refrigerator is also included. Convenient location for commuters with easy access to Hwy 290, I-10, & Beltway 8. Residents enjoy a low tax rate with great neighborhood amenities including a swimming pool, park, tennis courts and walking trails. Never flooded.

Investor Tools

Property Icon
$227,000
Estimated Property Value
$204,318Estimated Mortgage Balance
$22,682Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,636
$201,207
2025
$57,143
$144,064
$201,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,636
$201,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$213,675
No
First
Dec 28, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,318
$31,682
13%
90%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$1,652/mo
+$598/mo
11.9%

City: Houston

13515 Wells River Dr | Property Details | No Agent List