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$405,000

NAL Estimated Property Value

15915 Manor Square Drive, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,378 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.7 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size9,910 sqft

Building Information

Year Built1986
Garage Spaces2

Land Information

APN1162520060007
Lot Number7
SubdivisionBay Forest
Land UseResidential
Legal DescriptionLT 7 BLK 6 BAY FOREST SEC 2
Census Tract340400
Assessed Land Value$77,274
Assessed Improvement Value$299,958
Assessment Year2025

About this property

Beautifully updated home located in the heart of Clear Lake in the highly desirable neighborhood of Bay Forest. Front entryway with tile flooring that opens up to the family room. Spacious formal living and dining room perfect for family gatherings. Updated kitchen open to the breakfast and family room. Nice size primary bedroom with views and access to the backyard. The primary bath has his/her sinks, tile flooring, granite counter tops and a glass walk in shower. The three secondary bedrooms are all spacious with large closets. The guest bath has his/her vanities and shower tub/combo. The backyard boasts a covered wood patio deck perfect for morning coffee. Long Driveway with two car detached garage and walkway leading to rear entryway. Carpet and paint througout(except for family room) August 2022.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$48,743Estimated Mortgage Balance
$356,257Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,349
$377,232
2025
$77,274
$299,958
$377,232
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,349
$377,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael Shaw Reed
Unknown
$50,000
No
First
Dec 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,743
$356,257
87%
12%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$750/mo
+$1,476/mo
6.6%

City: Houston

15915 Manor Square Drive | Property Details | No Agent List