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$312,434

NAL Estimated Property Value

15506 Fair Elm Ct, Houston, TX, 77082

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,601 Sq Ft
price_per_sqft$124.95 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size4,844 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1255230010044
Lot Number44
SubdivisionClayton Trace
Land UseResidential
Legal DescriptionLT 44 BLK 1 CLAYTON TRACE
Census Tract454304
Assessed Land Value$53,370
Assessed Improvement Value$259,064
Assessment Year2025

About this property

Welcome Home to this Spacious Home with 4 beds and 2.5 baths located in a quiet cul de sac. All bedrooms and massive gameroom upstairs, light and bright, family room, living room, dining room, kitchen and breakfast combo, vinyl and wood floor throughout except tiles in kitchen and breakfast. Stately two-story home with fantastic functional layout. All of the bedrooms and a secondary living area are conveniently located upstairs. Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious backyard. This subdivision is also known for its good school zone, close to groceries, restaurants, and shopping centers. Easy to access Westpark Tollway, Highway 6. Never Flooded. This won't last long. Scheduled your showing today with us!!!

Investor Tools

Property Icon
$312,434
Estimated Property Value
$297,380Estimated Mortgage Balance
$15,054Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,543
$312,434
2025
$53,370
$259,064
$312,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,543
$312,434

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$314,153
Yes
First
Jun 5, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,380
$15,054
4%
95%
$1,884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$2,284/mo
+$256/mo
9.8%

Learn About the Market: Opportunity in Houston

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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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15506 Fair Elm Ct | Property Details | No Agent List