748Days on Market

1view

$209,000

1621 Prairie Mark Ln, Houston, TX, 77077

On Market

3 Beds

3 Bath

1,750 Sq Ft

$119.43 / sqft

Built in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Front Green Space

Lot Size1,934 sqft

Building Information

Year Built1977

Stories2

Garage Spaces2

Land Information

APN1086240010085

Lot Number85

SubdivisionWalkers Mark

Land UseResidential

Legal DescriptionLT 85 TR I RES C BLK 3 WALKERS MARK SEC 1 T/H

Census Tract451100

Assessed Land Value$43,608

Assessed Improvement Value$223,659

Assessment Year2025

About this property

NEW FLOORING & NEW PAINT throughout! Don’t miss out on this great townhouse! Welcome to your new sanctuary! This charming home boasts 3 spacious bedrooms, including a primary room with a delightful walk-out balcony, perfect for enjoying your favorite book or soaking in the serenity of day and night. Throughout the home, you'll find elegant crown molding, adding a touch of sophistication to every corner. Step outside and discover the expansive green spaces both in the front and back, providing ample room for relaxation, outdoor activities, and creating cherished memories with loved ones. With its inviting ambiance and numerous features, this home is truly a must-see. Schedule you're viewing today and prepare to fall in love!"

Investor Tools

$78,784Estimated Mortgage Balance

$188,483Estimated Equity

70% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,604 /month

Positive

Cash Flow Estimate:

$535 /month

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RE/MAX Universal

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$132/month

$460/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$250

$267,267

2025

$43,608

$223,659

$267,267

Tax History

Year

Tax Paid

Assessed Value

2024

$250

$267,267

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prestige Community Cu

Conventional

$100,000

First

May 31, 2016

Jun 2031

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$78,784

$188,483

70%

29%

$600/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$1,060/mo

+$1,170/mo

10.0%

Learn About the Market: Opportunity in Houston

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