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$470,300

NAL Estimated Property Value

15206 Poplar Springs Lane, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,849 Sq Ft
price_per_sqft$127.76 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size11,604 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN1167330020112
Lot Number112
SubdivisionBay Forest
Land UseResidential
Legal DescriptionLT 112 BLK 2 BAY FOREST SEC 3
Census Tract340301
Assessed Land Value$70,868
Assessed Improvement Value$399,432
Assessment Year2025

About this property

Located on a cul-de-sac this spacious 1 story home offers 4 bedrooms with 2.5 bathrooms, formal dining room, study/den, & laundry room with tons of storage space. This cozy home has an open concept throughout, new luxurious wood floors, built in entertainment area in the living room, spacious master bedroom/bathroom with a jetted tub & separate shower, & a gas/wood burning fireplace. The deluxe kitchen includes tons of cabinet space with stainless steel appliances, built-in wine rack & cooler, and ceramic tiled floors in all wet areas. Also includes a 2 car Detached garage. Just in time for the summer months you can relax, BBQ, & bask on the outdoor back patio with a private pool surrounded by a child safety fence with NO backyard neighbor! The Bay Forest community center offers a pool & playground for your enjoyment. Zoned to highly desired CCISD schools!

Investor Tools

Property Icon
$470,300
Estimated Property Value
$374,220Estimated Mortgage Balance
$96,080Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,822 /month
Positive
Cash Flow Estimate:
$941 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$946
$470,300
2025
$70,868
$399,432
$470,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$946
$470,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Va
$372,372
Yes
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,220
$96,080
20%
80%
$2,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,230/mo
$-1,004/mo
5.7%

Learn About the Market: Opportunity in Houston

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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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15206 Poplar Springs Lane | Property Details | No Agent List