$334,050
NAL Estimated Property Value15123 Farndale Dr, Houston, TX, 77062
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile
Exterior
Lot Size7,928 sqft
Building Information
Year Built1986
Garage Spaces2
Land Information
APN1161200120086
Lot Number86
SubdivisionMeadow Green
Land UseResidential
Legal DescriptionLT 86 BLK 12 MEADOW GREEN SEC 3
Census Tract340702
Assessed Land Value$67,405
Assessed Improvement Value$266,645
Assessment Year2025
About this property
Well maintained 4 bedroom, one story home located in the heart of Clear Lake. This beautiful home features island kitchen, tile and vinyl plank floors, formal dining, wet bar, breakfast area, huge family room with wood burning fireplace. Gorgeous shaded backyard with a large patio that is great for entertaining. Nice size master bedroom with updated en suite bath. Award winning CCISD schools. Easy access to NASA, shopping and restaurants.
Investor Tools
$334,050
Estimated Property Value
$267,904Estimated Mortgage Balance
$66,146Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
$90/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,966
$334,050
2025
$67,405
$266,645
$334,050
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,966
$334,050
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$283,500
No
First
May 25, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,904
$74,096
21%
80%
$1,700/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,790/mo
+$436/mo
8.0%
