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Owner Contacts

$663,000

NAL Estimated Property Value

1507 Briarpark Dr, Houston, TX, 77042

Off Market

3 Beds

2 Bath

1,984 Sq Ft

$252.02 / sqft

Built in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size9,004 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN0931980000266

Lot Number266

SubdivisionBriargrove Park

Land UseResidential

Legal DescriptionLT 266 BLK 8 BRIARGROVE PARK SEC 1

Census Tract431001

Assessed Land Value$382,500

Assessed Improvement Value$229,399

Assessment Year2025

About this property

Stunning, spacious, one-story with 3 bedrooms and 2 baths in much-coveted Briargrove Park. Traditional home loaded with stylish and modern touches throughout. Fantastic flow between kitchen, living and dining areas – this open concept layout has great views of the backyard and ample natural light. Serene primary suite with two separate closets and en-suite bath. Updates include roof (2020), energy efficient windows, recessed LED lighting, six-panel interior doors and plantation shutters. Enjoy the private backyard on the covered porch or dinner on the bricked patio with café lights. Detached garage and electric gate. This home is a must see. All info per Seller.

Investor Tools

$663,000

Estimated Property Value

$181,246Estimated Mortgage Balance

$481,754Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,978 /month

Positive

Cash Flow Estimate:

$1,326 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$673/month

$685/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,755

$611,899

2025

$382,500

$229,399

$611,899

Tax History

Year

Tax Paid

Assessed Value

2024

$4,755

$611,899

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$200,000

First

Jun 11, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$181,246

$523,754

74%

27%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$1,885/mo

$-5/mo

3.4%

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