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Owner Contacts

$305,000

1555 Hillside Elm St, Houston, TX, 77062

Off Market

3 Beds

3 Bath

1,743 Sq Ft

Single Family Residence

$171.54 / sqft

Built in 1987

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,673 sqft

Building Information

Year Built1987

Garage Spaces2

Land Information

APN1166790040031

Lot Number31

SubdivisionBay Glen

Land UseResidential

Legal DescriptionLT 31 BLK 4 BAY GLEN SEC 2

Census Tract340800

Assessed Land Value$64,424

Assessed Improvement Value$220,448

Assessment Year2025

About this property

Welcome to this beautiful, meticulously clean and well maintained 2 story, 3Br/2.5Bth house located in the heart of Clear Lake, on a quiet cul-de-sac. Zoned to great schools, close to parks, pools, stores, recreation, easy access to Beltway 8 and I-45. This home features fresh paint 2022, siding 2022, roof 2019, completely renovated primary bathroom 2016, upgraded flooring and light fixtures, updated kitchen and much more. Open floor plan with 2 living areas, full of natural light and air, high ceilings, lots of storage space throughout. Back patio is ready for summertime BBQ's and outdoor living. Bay Glen/Pineloch Community offers 3 pools, 5 parks, walking trails, 2 tennis courts, soccer and baseball fields, and a basketball court. List of All Improvements and Additional Information about this house are attached to the listing. Please check the 3D tour of the home.

Investor Tools

$305,000

Estimated Property Value

$291,000Estimated Mortgage Balance

$32,387Estimated Equity

5% 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

$385/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,093

$284,872

2025

$64,424

$220,448

$284,872

Tax History

Year

Tax Paid

Assessed Value

2024

$3,093

$284,872

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$291,000

First

Dec 15, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$272,613

$32,387

10%

89%

$1,745/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,120/mo

$-398/mo

6.8%

Learn About the Market: Opportunity in Houston

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