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$500,665

NAL Estimated Property Value

1523 Waterwood Court, Missouri City, TX, 77459

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.08 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,129 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4772-01-001-0130-907
Lot Number13
SubdivisionLakeshore Park At Brightwater Sec 1
Land UseResidential
Legal DescriptionLAKESHORE PARK AT BRIGHTWATER SEC 1, BLOCK 1, LOT 13
Census Tract671501
Assessed Land Value$68,900
Assessed Improvement Value$431,765
Assessment Year2025

About this property

Welcome to 1523 Waterwood Ct! You'll immediately fall in love with the mature landscaping, quiet street and outstanding community amenities of Lakeshore of Brightwater, like a swimming pool, tennis courts, clubhouse, playground, and fishing in Frost lake! This 4 bedroom, 3.5 bath home has many fabulous upgrades like a tandem 3-car garage with brand new doors, brand new carpet upstairs, recently updated low-e double pane windows and more! You must see the family room - the nearly floor-to-ceiling windows are stunning! The chef's kitchen is open to the family room and features a large breakfast bar, separate center island with brand new cooktop, and butler's pantry. The luxurious Primary bedroom suite boasts three oversized windows looking out onto the lovely backyard and spa-like en suite bathroom with double sinks, tub and separate shower! The backyard features two sitting areas and backs to the green space - no rear neighbors! Easy access to Hwy 90 & 59!

Investor Tools

Property Icon
$500,665
Estimated Property Value
$263,007Estimated Mortgage Balance
$237,658Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,004 /month
Positive
Cash Flow Estimate:
$1,001 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,105/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,757
$500,665
2025
$68,900
$431,765
$500,665
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,757
$500,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$282,750
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,007
$237,658
47%
53%
$1,696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,511/mo
+$829/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Missouri City

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1523 Waterwood Court | Property Details | No Agent List