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$850,000

NAL Estimated Property Value

1514 Longacre Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,754 Sq Ft
price_per_sqft$484.55 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size12,441 sqft

Building Information

Year Built1954
Stories1
Garage Spaces2

Land Information

APN0780590120012
Lot Number12
SubdivisionTimber Creek R/P
Land UseResidential
Legal DescriptionLT 12 BLK 12 TIMBER CREEK R/P
Census Tract520700
Assessed Land Value$530,304
Assessed Improvement Value$113,509
Assessment Year2025

About this property

Nestled in the sought-after Timber Creek neighborhood, welcome home to 1514 Longacre a fully renovated mid-century home that presents the perfect balance between functional layout and contemporary design! Open the door to a spacious and light-filled kitchen, living, dining combination which creates a cohesive space to entertain. Bright quartz countertops highlight the versatile grey cabinets in kitchen and modern vertical backsplash. Interior hardwood floors were recently refinished and shine under the recessed lighting. Primary retreat with dual closets has an en-suite bathroom with glass shower enclosure, dual sinks & trendy gold hardware. New PEX piping, insulation, fence and landscaping features. Come experience this community with a private showing that sits adjacent to Spring Valley Village and is zoned to Valley Oaks, SBMSA, and Memorial High School!

Investor Tools

Property Icon
$850,000
Estimated Property Value
$645,875Estimated Mortgage Balance
$204,125Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$904/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,598
$643,813
2025
$530,304
$113,509
$643,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,598
$643,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$661,600
No
First
Aug 15, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$645,875
$153,125
19%
76%
$3,786/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,786/mo
$-1,560/mo
3.1%

City: Houston

1514 Longacre Dr | Property Details | No Agent List