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$395,000

15838 Hillside Falls Trl, Houston, TX, 77062

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.94 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringTile, Wood

Exterior

Lot Size6,395 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1171160050005
Lot Number5
SubdivisionBay Forest
Land UseResidential
Legal DescriptionLT 5 BLK 5 BAY FOREST SEC 5
Census Tract340400
Assessed Land Value$66,840
Assessed Improvement Value$310,681
Assessment Year2025

About this property

Beautifully maintained one-story patio home in the highly desirable Bay Forest community, featuring an open floor plan with 2 bedrooms, 2 full bathrooms, and a private office that can easily serve as a third bedroom. The spacious living room boasts high ceilings, crown molding, and a centrally located fireplace that creates a warm and inviting focal point. The open-concept dining area flows seamlessly into the living space, making it perfect for everyday living and entertaining. The generously sized primary suite offers two walk-in closets, dual vanities, and a separate walk-in shower. This meticulously maintained home has been thoughtfully updated with wood flooring (2019), energy-efficient double-pane windows (2023), HVAC system (2024), exterior paint and gutters (2024), circuit board (2024) and a water heater (2024). Don't miss this opportunity and schedule for a private showing today!

Investor Tools

$37,384Estimated Mortgage Balance
$340,137Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Casey Khoo

Keller Williams Realty Clear Lake / NASA

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$858/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$462
$377,521
2025
$66,840
$310,681
$377,521
No

Tax History

Year
Tax Paid
Assessed Value
2020
$462
$377,521

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Trust Company
N/A
$148,700
N/A
First
May 31, 2001
Jun 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,384
$340,137
90%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$858/mo
+$449/mo
4.2%

Learn About the Market: Opportunity in Houston

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Explore

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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15838 Hillside Falls Trl | Property Details | No Agent List