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$314,000

15114 Tower Mist Drive, Houston, TX, 77044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.11 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,728 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1463330020037
Lot Number37
Land UseResidential
Legal DescriptionLT 37 BLK 2 BALMORAL EAST SEC 3
Census Tract252001
Assessed Land Value$60,706
Assessed Improvement Value$242,743
Assessment Year2025

About this property

Live the Lagoon Life in Balmoral, a master-planned community featuring brand new homes and exciting outdoor activities in Humble, TX. As you enter this new construction Bermuda floor plan the secondary rooms & full bath are located just off the foyer. This open concept home has the kitchen opening up to the breakfast area & family room. The kitchen features granite countertops, hazelnut cabinets & wood flooring in all main areas. The Primary Suite offers a large walk-in shower with shower seat & walk-in closet. The home includes an extended covered patio, sprinkler system & full sod. Home is currently under construction and estimated to be completed in June 2024. For adventurous fun for the whole family, the neighborhood features playgrounds, sports courts, and a splash pad. Students enjoy gold star schools within the highly regarded Humble Independent School District.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$0Estimated Mortgage Balance
$48,273Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$324
$303,449
2025
$60,706
$242,743
$303,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$324
$303,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brightland Mortgage Services Ltd
Fha
$274,309
Yes
First
Aug 16, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,727
$48,273
15%
85%
$1,645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,445/mo
$-285/mo
8.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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15114 Tower Mist Drive | Property Details | No Agent List