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$385,158

NAL Estimated Property Value

1603 Almond Brook Ln, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,993 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.14 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,989 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1175160010016
Lot Number16
SubdivisionBay Pointe
Land UseResidential
Legal DescriptionLT 16 BLK 1 BAY POINTE SEC 4
Census Tract340202
Assessed Land Value$77,630
Assessed Improvement Value$307,528
Assessment Year2025

About this property

This lovely 3 bedroom home on a corner lot has been immaculately maintained and is perfect for entertaining friends. It features beautiful landscaping, and a large backyard with a resort-style pool. As you enter the front porch, you will find a lovely front garden and bubbling water fountain. In the back yard, you can spend summer days by the sparkling heated pool, while grilling under the covered patio. The home features a formal living room, formal dining room, fully updated kitchen that is open to the family room and breakfast area. There is a cozy fireplace to warm things up on a frosty winter morning. The bedrooms are all up, and there is a lot of storage space in this lovely home. The home also features an excellent security system. Updates are everywhere in this home. Even the AC vents on the ceilings have been painted to match the wall color. The home is very conveniently located with easy access to schools, churches, shopping, NASA, U of H Clear Lake, I-45 and the Beltway.

Investor Tools

Property Icon
$385,158
Estimated Property Value
$383,320Estimated Mortgage Balance
$1,838Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,311 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$626/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,109
$385,158
2025
$77,630
$307,528
$385,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,109
$385,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$395,700
Yes
First
Aug 27, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,320
$1,838
0%
100%
$2,373/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,999/mo
$-773/mo
6.9%

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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1603 Almond Brook Ln | Property Details | No Agent List