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$299,000

NAL Estimated Property Value

14902 Wellman Ln, Houston, TX, 77060

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,913 Sq Ft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,826 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0991170000006
Lot Number6
SubdivisionGreen Ridge North
Land UseResidential
Legal DescriptionLT 6 BLK 3 GREEN RIDGE NORTH SEC 1
Census Tract222505
Assessed Land Value$35,406
Assessed Improvement Value$259,847
Assessment Year2025

About this property

Lot For Sale Cleared and ready to build a new single family home in an established neighborhood.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$201,932Estimated Mortgage Balance
$97,068Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$437
$295,253
2025
$35,406
$259,847
$295,253
No

Tax History

Year
Tax Paid
Assessed Value
2024
$437
$295,253

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Silver Hill Financial Llc
Building Or Construction Loan
$206,500
No
First
Feb 6, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,932
$103,068
33%
68%
$1,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,239/mo
+$987/mo
8.9%

City: Houston

14902 Wellman Ln | Property Details | No Agent List