1Days on Market

4view

$275,000

15023 Margeson St, Houston, TX, 77084

On Market

Just Added

3 Beds

2 Bath

1,898 Sq Ft

Single Family Residence

$144.89 / sqft

Built in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Double Oven, Electric Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Vinyl Plank

Exterior

Private Pool

Exterior FeaturesSprinkler System

Lot Size7,697 sqft

Building Information

Year Built1980

Stories1

Garage Spaces2

Land Information

APN1107630000006

Lot Number6

SubdivisionConcord Colony

Land UseResidential

Legal DescriptionLT 6 BLK 9 CONCORD COLONY SEC 1

Census Tract540601

Assessed Land Value$59,232

Assessed Improvement Value$162,413

Assessment Year2025

About this property

Welcome to 15023 Margeson, a beautifully refreshed one-story home with great curb appeal in established Concord Colony. Offering 3 bedrooms, 2 full baths and approximately 1,898 sq. ft., the home features new paint and flooring throughout, a cozy gas-log fireplace, and an abundance of cabinetry and storage. Step outside to your private backyard retreat featuring an in-ground pool, connected spa area and convenient outdoor half bath—perfect for entertaining! The 2-car garage and spacious driveway with a double-gated entrance provide added parking, controlled access and functionality. Conveniently located in Northwest Houston with easy access to Hwy 290, Hwy 6, FM 529 and Beltway 8, plus nearby shopping, dining and everyday conveniences. Don't miss out on a great opportunity for a cute home with a pool at this price! •Interior Freshly Painted•New LVP Flooring•New Carpet•New Gas Furnace•Recent A/C updates•Recent Water Heater•2018 Roof•Triple-Pane Windows•Sprinkler System•and more!

Investor Tools

$0Estimated Mortgage Balance

$272,000Estimated Equity

100% 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

Interested in this property?

Leann Schmidt

eXp Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$126/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$147

$221,645

2025

$59,232

$162,413

$221,645

Tax History

Year

Tax Paid

Assessed Value

2024

$147

$221,645

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Countrywide Fund

$80,082

Yes

First

Jun 23, 1994

Jul 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$272,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$400/mo

+$1,640/mo

9.0%

Learn About the Market: Opportunity in Houston

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