17Days on Market

1view

$6,600

1611 Copperas Cv, Houston, TX, 77077

On Market

4 Beds

4 Bath

4,398 Sq Ft

Single Family Residence

$1.5 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size9,879 sqft

Building Information

Year Built2002

Garage Spaces2

Land Information

APN1187330010035

Lot Number35

SubdivisionLakes Of Parkway

Land UseResidential

Legal DescriptionLT 35 BLK 1 LAKES OF PARKWAY SEC 2

Census Tract451605

Assessed Land Value$293,179

Assessed Improvement Value$765,178

Assessment Year2025

About this property

Spacious executive rental in sought after Lakes of Parkway. Perfect for entertaining! Great curb appeal. Towering entry w sweeping staircase. Stately home office/study w built-ins. Plantation Shutters. Tile floors. Formal dining. Living area w cozy fireplace & resort-inspired poolside views. Large island kitchen w granite countertops, ample storage, built-in refrigerator, gas cooktop, double ovens. Primary bedroom down w outdoor views & ensuite w/ walk-in closet, jetted tub/separate shower for 2. Well-sized secondary bedrooms. Huge, loft-style, gameroom/ flex space up w/built-in desk. Large second story balcony overlooking the pool area. Backyard w/sparkling pool, covered outdoor living area w ceiling fans & green space. Close to hike & bike trails! Seconds to Energy Corridor. Westside High! Recent upgrades include: Roof, A/C unit upstairs, Water Softener, wood floors - all carpet removed, painted garage and toilet seats.

Investor Tools

$456,212Estimated Mortgage Balance

$666,704Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,732 /month

Positive

Cash Flow Estimate:

$2,244 /month

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Marie Gilbert

RE/MAX Signature

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,587/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,430

$1,058,357

2025

$293,179

$765,178

$1,058,357

Tax History

Year

Tax Paid

Assessed Value

2024

$13,430

$1,058,357

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wyndham Capital Mortgage Inc

Conventional

$510,400

First

Nov 2, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$456,212

$635,788

58%

41%

$3,061/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$3,061/mo

$-181/mo

3.1%

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