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$262,000

NAL Estimated Property Value

1618 Carmel Grove, Houston, TX, 77073

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.84 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size6,595 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1297510010010
Lot Number10
SubdivisionMeadowview Farms
Land UseResidential
Legal DescriptionLT 10 BLK 1 MEADOWVIEW FARMS SEC 9
Census Tract240706
Assessed Land Value$47,350
Assessed Improvement Value$213,071
Assessment Year2025

About this property

Welcome home! Fantastic location with easy access to I-45, Beltway 8, Hardy Toll Rd and IAH. A commuter's dream! Gorgeous curb appeal with warm stone elevation and cozy front porch. Lennar built and original model home with so many upgrades in the sought after community of Meadowview Farms. This floor plan offers high ceilings, crown molding throughout the first floor along w/ tile floors. Kitchen opens into the family room and formal dining room. This is a great open floor plan for family and entertainment. Lovely Kitchen included granite countertops, 36'' Designer Cabinets w/ Under Lighting and tile backsplash. Master bedroom is conveniently located on the first-floor w/ double sinks, separate shower and tub. Upstairs offers 3 bdrms along w/ game room leading out into the upstairs balcony. Upgrades include full gutters, covered Patio w/ gas connection, sprinkler system. Energy Efficient w/16 SEER HVAC & Radiant Barrier Roof. It is truly a must see!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$278,838Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,402
$260,421
2025
$47,350
$213,071
$260,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,402
$260,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Fha
$294,566
Yes
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,838
N/A
0%
106%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,205/mo
+$21/mo
10.2%

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.

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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1618 Carmel Grove | Property Details | No Agent List