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$281,000

NAL Estimated Property Value

15027 Forest Lodge Dr, Houston, TX, 77070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
TimeshareTimeshare
price_per_sqft$174.19 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1107350000014
Lot Number14
SubdivisionHeatherwood Village
Land UseResidential
Legal DescriptionLT 14 BLK 19 HEATHERWOOD VILLAGE SEC 3
Census Tract554301
Assessed Land Value$50,292
Assessed Improvement Value$210,195
Assessment Year2025

About this property

Very cute house, well maintained, in a great location! Brand new updates, which include interior paint throughout, newly painted cabinets, hardware, new quartz counter tops in kitchen and baths, new backsplash, new sinks throughout, new faucets, new blinds throughout, and has been completely re-piped with PEX. Electrical breaker box has been replaced, as well as all required GFCI outlets. Great back yard and screened covered porch. Home had a professional appraisal done in July, and appraised for more than the list price. Heatherwood Village is privileged to be one of the neighborhoods along the Faulkey Gully Hike & Bike Trail, which is owned and maintained by Harris County Precinct 4. Only a 2 minute walk from your new home, the trail stretches from Lakewood Forest Drive to Guernsey Road, and is just under 2 miles long. Located just minutes from Hwy. 249, Beltway 8, and Vintage Park with tons of shopping and restaurants. This little gem won't last long!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$253,557Estimated Mortgage Balance
$27,443Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
$397/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,796
$260,487
2025
$50,292
$210,195
$260,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,796
$260,487

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$266,950
No
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,557
$23,443
8%
90%
$1,601/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,998/mo
+$122/mo
9.1%

City: Houston