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Owner Contacts

$265,000

NAL Estimated Property Value

15003 Margeson St, Houston, TX, 77084

Off Market

4 Beds

2 Bath

1,944 Sq Ft

Single Family Residence

$141.46 / sqft

Built in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Electric Cooktop, Cooktop

FlooringTile

Exterior

Lot Size7,998 sqft

Building Information

Year Built1981

Stories1

Garage Spaces2

Land Information

APN1107630000011

Lot Number11

SubdivisionConcord Colony

Land UseResidential

Legal DescriptionLT 11 BLK 9 CONCORD COLONY SEC 1

Census Tract540601

Assessed Land Value$59,520

Assessed Improvement Value$168,574

Assessment Year2025

About this property

Welcome to 15003 Margeson St. in the favored neighborhood of Concord Colony. This 4-bedroom, 2-bathroom home features fresh interior paint, solid surface flooring throughout and updated PEX plumbing for modern comfort and peace of mind. The spacious layout offers a bright and inviting atmosphere, perfect for everyday living and entertaining. Recently refreshed and move-in ready, this home combines style and function with thoughtful touches throughout. Step outside through the French Doors on to the LARGE deck (13X13) to enjoy a beautifully maintained, park-like landscaping that provides a serene outdoor retreat. Conveniently located near community pool, tennis court, schools, shopping centers, and entertainment, you'll have everything you need just minutes away. Don't miss this chance to own a beautiful home in a great location! Lower Tax Rate is an added BONUS for this already exceptional opportunity. ***Check out the Video Tour***

Investor Tools

$265,000

Estimated Property Value

$263,959Estimated Mortgage Balance

$1,041Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$116/month

$388/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$71

$228,094

2025

$59,520

$168,574

$228,094

Tax History

Year

Tax Paid

Assessed Value

2024

$71

$228,094

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$267,073

Yes

First

Sep 30, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$263,959

$2,041

100%

$1,602/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,640/mo

$1,990/mo

+$650/mo

12.0%

Learn About the Market: Opportunity in Houston

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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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