4view

Owner Contacts

$274,000

NAL Estimated Property Value

15303 Falling Creek Dr, Houston, TX, 77068

Off Market

4 Beds

3 Bath

2,284 Sq Ft

$85.38 / sqft

Built in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Lot Size9,518 sqft

Building Information

Year Built1975

Garage Spaces2

Land Information

APN1053710000037

Lot Number37

SubdivisionOak Creek Village

Land UseResidential

Legal DescriptionLT 37 BLK 20 OAK CREEK VILLAGE SEC 3

Census Tract553001

Assessed Land Value$50,628

Assessed Improvement Value$210,432

Assessment Year2025

About this property

Spacious home on large lot with swimming pool & spa! Beautiful leaded glass entry brings you into nice big foyer that opens to a large formal dining or study area. Huge kitchen with double ovens and tons of cabinets and counter space opens to casual dining and living area. Living area with nice high vaulted ceiling, fireplace with views out to the sparking pool and spa. Owners suite downstairs is huge with two walkin closets. Plus three more big bedrooms upstairs. Recent laminate wood flooring & tile throughout the first floor. Double pane windows throughout. Oversized garage with storage/workship added on, home is all brick and hardi / cement board. New roof, partial gutter replacement, pool pump, back wall fence,PLUS a whole house gas generator all within the last 2 years.

Investor Tools

$274,000

Estimated Property Value

$185,041Estimated Mortgage Balance

$88,959Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,644 /month

Positive

Cash Flow Estimate:

$548 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$267/month

$315/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,829

$261,060

2025

$50,628

$210,432

$261,060

Tax History

Year

Tax Paid

Assessed Value

2024

$1,829

$261,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interlinc Mortgage Services Llc

Fha

$206,196

Yes

First

Jan 15, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$185,041

$92,959

33%

68%

$1,237/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,250/mo

$1,552/mo

+$698/mo

9.9%

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