B+

NoAgentList RatingHow are grades calculated?

378Days on Market

1view

$5,000

15714 Sylvan Lake Dr, Houston, TX, 77062

On Market

4 Beds

4 Bath

3,438 Sq Ft

Single Family Residence

$1.45 / sqft

Built in 1987

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size14,401 sqft

Building Information

Year Built1987

Garage Spaces2

Land Information

APN1162510010016

Lot Number16

SubdivisionBay Forest

Land UseResidential

Legal DescriptionLT 16 BLK 1 BAY FOREST SEC 1

Census Tract340400

Assessed Land Value$81,090

Assessed Improvement Value$432,954

Assessment Year2025

About this property

Stunning Kustom Castle beauty for lease in Bay Oaks Estates! Beautifully updated with recent hardwood flooring, new carpet, fresh exterior/interior paint, and upgraded all lighting throughout. Kitchen features stainless steel appliances and opens to a spacious, open-concept layout. Generously sized bedrooms with vaulted ceilings offer an airy, light-filled feel. Four full bathrooms are well-placed for functionality. Enjoy a resort-style backyard with a sparkling pool-perfect for relaxing or entertaining. Close proximity to Falcon Pass Elementary and Clear Lake High School (Tenant to verify eligibility and attendance). Don't miss this incredible lease opportunity in one of clear Lake's most sought-after neighborhoods! All info per owner

Investor Tools

$534,000

Estimated Property Value

$403,750Estimated Mortgage Balance

$175,296Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,204 /month

Positive

Cash Flow Estimate:

$1,068 /month

Interested in this property?

Moselle Chapman

Greenwood King Properties - Kirby Office

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$745/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,274

$514,044

2025

$81,090

$432,954

$514,044

Tax History

Year

Tax Paid

Assessed Value

2024

$6,274

$514,044

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wallick & Volk Inc

Conventional

$403,750

First

Oct 9, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$360,160

$162,840

31%

67%

$2,421/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$2,421/mo

$-195/mo

5.0%

Learn About the Market: Opportunity in Houston

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