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Owner Contacts

$367,589

NAL Estimated Property Value

1411 New Urban Way, Houston, TX, 77047

Off Market

4 Beds

3 Bath

2,510 Sq Ft

$145.38 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Wood

Exterior

Exterior FeaturesBack Green Space

Lot Size5,833 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN1370250060023

Lot Number23

Land UseResidential

Legal DescriptionLT 23 BLK 6 CITY PARK SOUTH SEC 1

Census Tract330901

Assessed Land Value$51,672

Assessed Improvement Value$315,917

Assessment Year2025

About this property

***Fantastic 4 Bedroom w/Game Room on Lake Lot*** Beautiful Chesmar Home in Desirable City Park South. This Home Has it All! Attractive Front Porch Elevation. Soaring 2 Story Ceilings. Engineered Hard Wood Flooring. Formal Dining. Living Room w/Cast Stone Gas Log Fireplace. Gorgeous Granite Island Kitchen w/Abundant 42" Cabinetry & Counter Space. Premium Recessed Lighting. Refrigerator Included. Soft Close Cabinets. Master Suite w/Separate Tub/Shower and Dual Vanity Sinks. Huge Gameroom Up, Overlooking Family Room. Window Treatments Throughout. Generous Room Sizes & Exceptional Entertaining Capabilities. Covered Back Porch. Fully Fenced Back Yard Perfect for Outdoor Enjoyment. Wrought Iron Fencing w/Gate to Access Lake Behind Home. Beautiful Water Views! Fresh Paint. Newly Landscaped. Excellent Location w/Quick Access to Hwy 288 & Downtown Houston. Within 15 minutes from medical center, downtown houston, and NRG stadium. ***THIS IS THE ONE YOU'VE BEEN WAITING FOR***

Investor Tools

$367,589

Estimated Property Value

$254,424Estimated Mortgage Balance

$113,165Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,206 /month

Positive

Cash Flow Estimate:

$735 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$794/month

$1,275/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,691

$367,589

2025

$51,672

$315,917

$367,589

Tax History

Year

Tax Paid

Assessed Value

2024

$7,691

$367,589

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Clm Mortgage Llc

Fha

$267,235

Yes

First

Jun 20, 2017

Jul 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$254,424

$113,165

30%

69%

$1,847/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$3,122/mo

$-532/mo

8.5%

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