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$288,000

NAL Estimated Property Value

15527 Schumann Ln, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,884 Sq Ft
price_per_sqft$161.89 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,438 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5035-02-005-0010-907
Lot Number1
SubdivisionMission Glen Sec 2
Land UseResidential
Legal DescriptionMISSION GLEN SEC 2, BLOCK 5, LOT 1
Census Tract672500
Assessed Land Value$30,550
Assessed Improvement Value$255,889
Assessment Year2025

About this property

Charming Traditional 2-Story Home in Mission Glen Subdivision Welcome to this inviting home featuring a well-designed floor plan perfect for everyday living and entertaining. The spacious kitchen offers ample storage and countertop space, ideal for meal prep and gatherings. Enjoy casual dining in the breakfast area or host special occasions in the formal dining room. Cozy up by the gas fireplace in the family room, creating the perfect ambiance year-round. All bedrooms are located upstairs, including a generously sized primary suite with garden tub, and a separate shower for ultimate relaxation. Step outside to a huge backyard offering endless possibilities for outdoor fun and family enjoyment. The covered patio and built-in grill make this space perfect for weekend barbecues or quiet evenings outdoors. Don't miss the opportunity to make this beautiful home yours!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$236,133Estimated Mortgage Balance
$51,867Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$397/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,673
$281,653
2025
$30,550
$255,889
$286,439
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,673
$281,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$240,000
No
First
Jun 20, 2025
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,133
$53,867
18%
82%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,836/mo
$-114/mo
7.2%

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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15527 Schumann Ln | Property Details | No Agent List