B+

NoAgentList RatingHow are grades calculated?

41Days on Market

1view

$280,000

14338 Waterville Way, Houston, TX, 77015

On Market

4 Beds

2 Bath

1,784 Sq Ft

Single Family Residence

$156.95 / sqft

Built in 1968

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Cooktop, Dishwasher

FlooringVinyl

Exterior

Lot Size7,728 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN1002270000013

Lot Number13

SubdivisionWoodforest

Land UseResidential

Legal DescriptionLT 13 BLK 34 WOODFOREST SEC 13

Census Tract233003

Assessed Land Value$60,912

Assessed Improvement Value$156,824

Assessment Year2025

About this property

Welcome to this beautifully updated 4 bedroom, 2 bath home in an established east Houston neighborhood. The kitchen features new appliances, ample cabinetry, and a standout brick arch over the gas range that doubles as a built-in vent. The primary suite includes a walk-in closet and updated ensuite bath with a walk-in shower and frameless glass doors. Additional updates include a new roof, exterior siding, and A/C system with a 90-day warranty. The backyard offers mature trees, generous yard space, and a patio area with an additional concrete pad. Conveniently located near Beltway 8 and I-10 with easy access to shopping and dining.

Investor Tools

$277,000

Estimated Property Value

$182,000Estimated Mortgage Balance

$97,933Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,680 /month

Positive

Cash Flow Estimate:

$560 /month

Interested in this property?

Ruby Deleon

eXp Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$247/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,574

$217,736

2025

$60,912

$156,824

$217,736

Tax History

Year

Tax Paid

Assessed Value

2024

$1,574

$217,736

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Schumer-Yarbrough Development Llc

Purchase Money Mortgage

$182,000

First

Aug 5, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$179,067

$97,933

35%

65%

$1,092/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,392/mo

+$330/mo

7.5%

Learn About the Market: Opportunity in Houston

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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.

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