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B+
NoAgentList RatingHow are grades calculated? Info

$309,000

15223 Falmouth Ave, Houston, TX, 77084

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.59 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,162 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1226220030030
Lot Number30
SubdivisionMaple Trace
Land UseResidential
Legal DescriptionLT 30 BLK 3 MAPLE TRACE SEC 1
Census Tract540602
Assessed Land Value$53,921
Assessed Improvement Value$235,020
Assessment Year2025

About this property

4 Bedroom family home - 4/2.5/2 with tiled main living area and formal dining room, large game room upstairs, oversized secondary bedrooms and abundant closet space! Prime location with easy access to I10, US290 and HW6. View the 3-D virtual tour and schedule a private showing today.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$524,388Estimated Mortgage Balance
$0Estimated Equity
-70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,259
$288,941
2025
$53,921
$235,020
$288,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,259
$288,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Mortgage Company
Commercial
$524,388
No
First
Mar 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,355
N/A
0%
156%
$3,144/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$3,419/mo
$-1,379/mo
7.9%

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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15223 Falmouth Ave | Property Details | No Agent List