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$750,000

NAL Estimated Property Value

15231 Rainhollow Dr, Houston, TX, 77070

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,565 Sq Ft
price_per_sqft$168.65 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Water Softener, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size36,333 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1062550000005
Lot Number5
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 5 BLK 37 LAKEWOOD FOREST SEC 2
Census Tract554301
Assessed Land Value$108,695
Assessed Improvement Value$361,314
Assessment Year2025

About this property

Welcome home to this beautiful retreat nestled on an expansive 36,335 sqft private lot in the highly acclaimed Tomball ISD. From the moment you walk in, you'll love the meticulous care given to this gem. An extra-long island steals the show in the kitchen-perfect for entertaining, the 6 burner stove, built in refrigerator, and tons of counter space make this kitchen a dream. Downstairs also features a private office to work from home, a huge primary bedroom, and a recently updated primary bath.The living area will "wow" you with the soaring ceilings and travertine flooring throughout. Upstairs features 4 spacious bedrooms and a massive game room with wet bar & refrigerator. Outside, unwind in your recently remodeled pool, surrounded by lush greenery and plenty of privacy. The 3-car garage features epoxy flooring, whole home surge protector, and added insulation. Enjoy peace of mind with a whole-home generator, updated PEX plumbing, and water softener. This home truly has it all!

Investor Tools

Property Icon
$750,000
Estimated Property Value
$528,005Estimated Mortgage Balance
$221,995Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,619 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,202
$470,009
2025
$108,695
$361,314
$470,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,202
$470,009

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$537,470
No
First
May 17, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$528,005
$216,995
29%
70%
$3,223/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$3,943/mo
$-1,203/mo
4.4%

City: Houston

15231 Rainhollow Dr | Property Details | No Agent List