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Owner Contacts

$1,049,000

NAL Estimated Property Value

14531 Kellywood Ln, Houston, TX, 77079

Off Market

4 Beds

4 Bath

3,065 Sq Ft

$407.83 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size7,850 sqft

Building Information

Year Built1965

Garage Spaces2

Land Information

APN0972490000005

Lot Number5

SubdivisionAshford Forest

Land UseResidential

Legal DescriptionLT 5 BLK 4 ASHFORD FOREST SEC 1

Census Tract450700

Assessed Land Value$431,640

Assessed Improvement Value$436,826

Assessment Year2025

About this property

Welcome to Kellywood! Exquisitely & fully renovated in 2021, this home is not only aesthetically beautiful but uniquely functional. 1st floor offers an open concept design w/ both a primary bedroom addition & one of three secondary bedrooms on the 1st floor, making this a great home for anyone who seeks 2 bedrooms down. Island kitchen is a cook & entertainer's dream. Spacious living area is open to a beautiful formal dining area w/ built-in storage & shelving. 1st floor laundry is oversized w/ an incredible amount of storage & counter space. Both the primary & secondary baths downstairs offer double sinks & current finishes. Upstairs offers 2 spacious bedrooms, double sink shared bathroom, & a game room. Backyard covered patio provides an outdoor fireplace, built-in kitchen, & space to sit & watch the game. Location within the neighborhood has virtually no through traffic! Enjoy all the fun of the NFC park/clubhouse/playground/pool/tennis/pickleball courts. Access to Terry Hershey too!

Investor Tools

$1,049,000

Estimated Property Value

$642,799Estimated Mortgage Balance

$406,201Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,500 /month

Positive

Cash Flow Estimate:

$2,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,060/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,472

$868,466

2025

$431,640

$436,826

$868,466

Tax History

Year

Tax Paid

Assessed Value

2024

$7,472

$868,466

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending

Conventional

$652,000

First

Feb 10, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$642,799

$405,201

38%

61%

$4,117/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,730/mo

$5,317/mo

$-2,587/mo

3.1%

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