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$239,938

NAL Estimated Property Value

15307 Evergreen Place Drive, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,499 Sq Ft
price_per_sqft$158.77 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,912 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5035-01-008-0480-907
Lot Number48
SubdivisionMission Glen Sec 1
Land UseResidential
Legal DescriptionMISSION GLEN SEC 1, BLOCK 8, LOT 48, RP
Census Tract672500
Assessed Land Value$30,030
Assessed Improvement Value$209,908
Assessment Year2025

About this property

This charming 3 bedroom 2 bath home has been a rental but is now looking for a forever family. The open floor plan makes it feel much bigger! This home has been fabulously updated with hardwood floors and solid surface countertops. An exceptional gem! The tenants have just moved out and we are cleaning and painting. Put this gem under contract and select your own paint colors before we paint!

Investor Tools

Property Icon
$239,938
Estimated Property Value
$179,930Estimated Mortgage Balance
$60,008Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,219
$239,938
2025
$30,030
$209,908
$239,938
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,219
$239,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu
Unknown
$184,000
No
First
Feb 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,930
$60,008
25%
75%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,404/mo
+$318/mo
8.6%

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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15307 Evergreen Place Drive | Property Details | No Agent List