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Owner Contacts

$187,000

15242 Old Creek Rd, Houston, TX, 77060

Off Market

3 Beds

2 Bath

1,719 Sq Ft

Single Family Residence

$108.78 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size7,501 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1031970000029

Lot Number29

SubdivisionGreenridge North

Land UseResidential

Legal DescriptionLT 29 BLK 25 GREENRIDGE NORTH SEC 9 R/P

Census Tract222502

Assessed Land Value$37,263

Assessed Improvement Value$149,737

Assessment Year2025

About this property

MOVE-IN READY OPPORTUNITY!!! Located just minutes from I-45 with easy access to Beltway 8 and a quick commute to all that Downtown Houston has to offer. This 3 bed, 2 bath well maintained home features GRANITE kitchen w/ stainless appliances including fridge and tons of cabinet space. Breakfast room also featuring an immense amount of storage and window seat. Large family room with wood burning fireplace and laminate wood flooring throughout. Home features double pane windows, two storage sheds in the backyard, and coated plumbing pipes on the inside. Spacious secondary and primary bedrooms. Enjoy this large, covered patio in the backyard -- perfect for entertaining. MAKE THE MOVE!!! This home will not last long!

Investor Tools

$187,000

Estimated Property Value

$183,612Estimated Mortgage Balance

$10,273Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,122 /month

Positive

Cash Flow Estimate:

$374 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$80/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$29

$187,000

2025

$37,263

$149,737

$187,000

Tax History

Year

Tax Paid

Assessed Value

2024

$29

$187,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guild Mortgage Co

Conventional

$183,612

First

Apr 3, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$176,727

$36,273

17%

95%

$1,101/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,401/mo

+$321/mo

11.1%

Learn About the Market: Opportunity in Houston

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