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$325,000

NAL Estimated Property Value

1515 Tucumcari Dr, Houston, TX, 77090

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.34 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size8,642 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN1021020000017
SubdivisionPonderosa Forest
Land UseResidential
Legal DescriptionTR 17A PONDEROSA FOREST SEC 2
Census Tract553102
Assessed Land Value$55,112
Assessed Improvement Value$230,186
Assessment Year2025

About this property

Gorgeous remodeled 3000sqft, 4 bedrooms 2.5 baths, two story traditional home located in NW Houston is almost complete and ready for a new owner. This home has a very large open kitchen with plenty of cabinets for storage, a pantry, granite counters, stainless steel appliances to be installed, breakfast area and a formal dining room. Also has a formal living room, a spacious family room with a brick fireplace and built-in shelves. Entertain or relax in the roomy sunroom with floor to ceiling windows all around and a nearby wet bar. The laundry room and half bath are also downstairs. The private ensuite is upstairs along with the 3 secondary bedrooms and guest bathroom. The large ensuite has a beautiful granite shower with a waterfall showerhead and extra long vanity. The backyard oasis has a inground pool and spa with attached deck. There's a separate pool house with a half bath. The property is conveniently located to Hwy 45 and 59, shopping, and restaurants. Includes 70 in TV!

Investor Tools

Property Icon
$325,000
Estimated Property Value
$274,473Estimated Mortgage Balance
$50,527Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,869
$285,298
2025
$55,112
$230,186
$285,298
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,869
$285,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$300,000
Yes
First
Nov 9, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,473
$65,527
19%
84%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,199/mo
+$121/mo
8.6%

City: Houston

1515 Tucumcari Dr | Property Details | No Agent List