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Owner Contacts

$925,000

NAL Estimated Property Value

1509 Johanna Dr, Houston, TX, 77055

Off Market

3 Beds

4 Bath

3,311 Sq Ft

Single Family Residence

$247.21 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Microwave, Dishwasher, Instant Hot Water

Exterior

Lot Size3,968 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN0770390310002

Lot Number2

Land UseResidential

Legal DescriptionLT 2 BLK 1 CRAIG WOODS 23RD PAR R/P

Census Tract520302

Assessed Land Value$297,525

Assessed Improvement Value$614,268

Assessment Year2025

About this property

Move In Ready!!! Are you buying from a reputable builder? With 30+ yrs experience & one of Houstons oldest builders, Award-winning Cunningham Development builds to the highest quality and standards. This spacious design features a study down w/ wide open kitchen, family room, and dinning area w/ a wine bar! Large primary bedroom & bath feat. his/hers vanities, separate standing tub & shower, and his/her closet w/ custom adjustable shelves! 2 secondary bedroom w/ walk-in closets, a spacious loft/game room, full bath, and utility on 2 floor. Enormous room on 3 floor w/ natural light. Covered patio, back yard. ELEVATOR capable. Super Energy Efficient, tankless H2O, instant endless hot water. Hardwood/tile flooring, natural counter tops, custom cabinetry. Truly a Superior Home!

Investor Tools

$925,000

Estimated Property Value

$602,448Estimated Mortgage Balance

$322,552Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,550 /month

Positive

Cash Flow Estimate:

$1,850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,055/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,032

$911,793

2025

$297,525

$614,268

$911,793

Tax History

Year

Tax Paid

Assessed Value

2024

$8,032

$911,793

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$654,800

First

Feb 7, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$602,448

$309,345

33%

65%

$3,926/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,926/mo

$-2,204/mo

2.2%

Learn About the Market: Opportunity in Houston

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