2204Days on Market

7view

$315,000

1607 City Pass Ln, Houston, TX, 77047

On Market

4 Beds

3 Bath

2,219 Sq Ft

Single Family Residence

$141.96 / sqft

Built in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Tile

Exterior

Lot Size4,343 sqft

Building Information

Year Built2018

Garage Spaces2

Land Information

APN1389890010011

Lot Number11

Land UseResidential

Legal DescriptionLT 11 BLK 1 CITY PARK SOUTH SEC 4

Census Tract330901

Assessed Land Value$44,313

Assessed Improvement Value$284,687

Assessment Year2025

About this property

Welcome to this beautiful two-story home in the sought-after City Park South community. Built in 2018, this well-maintained residence offers 4 bedrooms, 2.5 bathrooms, and an open-concept layout designed for comfortable living and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, while the primary suite features a private bath and a generous walk-in closet. The fully fenced backyard provides plenty of space to relax and enjoy outdoor gatherings. Conveniently located near Highway 288, the Texas Medical Center, Downtown Houston, shopping, dining, and major employment centers, this home offers the perfect blend of comfort and convenience. Don't miss the opportunity to make it yours!

Investor Tools

$202,704Estimated Mortgage Balance

$127,725Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,974 /month

Positive

Cash Flow Estimate:

$658 /month

Interested in this property?

Courtney Okanlomo

TAS Realty Group

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$714/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,927

$329,000

2025

$44,313

$284,687

$329,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,927

$329,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Regions Bank

Conventional

$240,955

First

Jul 27, 2018

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$202,704

$127,296

38%

62%

$1,445/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$1,445/mo

+$1,145/mo

9.4%

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.

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