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Owner Contacts

$354,481

NAL Estimated Property Value

14035 Cleobrook Dr, Houston, TX, 77070

Off Market

4 Beds

4 Bath

2,929 Sq Ft

Single Family Residence

$119.15 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size8,999 sqft

Building Information

Year Built1975

Garage Spaces2

Land Information

APN1069400000004

Lot Number4

SubdivisionPrestonwood Forest

Land UseResidential

Legal DescriptionLT 4 BLK 20 PRESTONWOOD FOREST SEC 3

Census Tract552702

Assessed Land Value$69,300

Assessed Improvement Value$285,181

Assessment Year2025

About this property

This captivating 2-story home is nestled in the heart of Prestonwood Forest. This residence offers 4/5 SPACIOUS BEDROOMS. 3.5 BATHS-2 updated INC PRIMARY, on a lot with no back neighbor. Upon entering, you'll be greeted by the warmth of the wood/laminate floors that flow T/O the main floor. The updated kitchen boasts modern amenities, making it the perfect space for culinary adventures. The PEX PLUMBING, newer air ducts, REPLASTERED pool, roof tune up and newer fencing add a touch of convenience. The first floor features a formal living area and dining room, ideal for hosting gatherings. A dedicated study offers a quiet space for work or could be an additional Bedroom w/closet. Upper level offers a tranquil haven of the spacious bedrooms, providing comfort and privacy. Outside to the backyard oasis, where the pool and spa await, with recently refreshed landscape, patio and pergola offering a serene retreat. Amenities include a clubhouse, 2 pools and 2-tennis courts. See update sheet.

Investor Tools

$354,481

Estimated Property Value

$345,671Estimated Mortgage Balance

$8,810Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,127 /month

Positive

Cash Flow Estimate:

$709 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$176/month

$760/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$344

$354,481

2025

$69,300

$285,181

$354,481

Tax History

Year

Tax Paid

Assessed Value

2024

$344

$354,481

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pennymac Loan Services Llc

Fha

$352,405

Yes

First

Apr 10, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$345,671

$8,810

98%

$2,113/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,873/mo

$-133/mo

9.3%

Learn About the Market: Opportunity in Houston

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