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$376,054

NAL Estimated Property Value

15718 Falling Creek Dr, Houston, TX, 77068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,471 Sq Ft
price_per_sqft$113.31 / sqft
Year BuiltBuilt in 1977

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
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size11,705 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1078690000033
Lot Number33
SubdivisionOak Creek Village
Land UseResidential
Legal DescriptionLT 33 BLK 29 OAK CREEK VILLAGE SEC 4
Census Tract553001
Assessed Land Value$51,810
Assessed Improvement Value$324,244
Assessment Year2025

About this property

GREAT LOCATION TO FM 1960! Come and join the Oak Creek Community! This is an established community with mature trees and a great location. This home feels big with its great layout and the central atrium has been converted to a gameroom, or use it for a workout room and whatever else you can imagine! Home features high ceilings, neutral interior paint colors, and an in ground pool perfect for the summer. Modern updates to both bathrooms and the kitchen. Study converted to California sized closet, or can be used as the study. This house has the character your looking for! Large corner lot with detached garage. Lots of extras in this house! Come and see for yourself!

Investor Tools

Property Icon
$376,054
Estimated Property Value
$250,937Estimated Mortgage Balance
$125,117Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,231
$376,054
2025
$51,810
$324,244
$376,054
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,231
$376,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Home Loans Llc
Conventional
$270,750
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,937
$125,117
33%
67%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$1,924/mo
$-184/mo
5.6%

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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15718 Falling Creek Dr | Property Details | No Agent List