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$280,248

NAL Estimated Property Value

1518 Summer City Dr, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Playground
Lot Size4,639 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1370250020013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 2 CITY PARK SOUTH SEC 1
Census Tract330901
Assessed Land Value$45,652
Assessed Improvement Value$234,596
Assessment Year2025

About this property

NEW CARPET installed in the entire house. Beautiful one story home. Move in ready. Wonderful location, minutes away from Hwy 288/Beltway 8/ Medical center/UH/Downtown Houston/Pearland Town Center. 3 bedrooms 2 baths, 2 cars garage with opener & remote & keyless entry. Big living room & dinning room, Master bath has big tub and double sink, walk-in closets in all bedrooms. Lots of storage. Fully house in faux wood blinds. Front yard maintenance included.

Investor Tools

Property Icon
$280,248
Estimated Property Value
$0Estimated Mortgage Balance
$280,248Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,681 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,864
$280,248
2025
$45,652
$234,596
$280,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,864
$280,248

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
N/A
+$2,000/mo
8.6%

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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1518 Summer City Dr | Property Details | No Agent List