Street View

1view

Owner Contacts

$380,000

1622 Seagate Ln, Houston, TX, 77062

Off Market

3 Beds

2 Bath

2,407 Sq Ft

Single Family Residence

$161.61 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,638 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0964740000322

SubdivisionClear Lake City

Land UseResidential

Legal DescriptionTR 322A BLK 30 CLEAR LAKE CITY SEC 3

Census Tract340501

Assessed Land Value$57,510

Assessed Improvement Value$311,980

Assessment Year2025

About this property

A CLEAR LAKE ORIGINAL MADE NEW AGAIN. THIS LABOR OF LOVE HAS ALL THE FOLLOWING 2023 UPDATES: ROOF, REBUILT GARAGE WITH HIGH CLEARANCE FOR YOUR 6 INCH LIFTED TRUCK. DRIVEWAY, SIDEWALK, WALK UP AND GARAGE PAD. BONUS ROOM, STAINLESS STEEL KITCHEN AID APPLIANCES, QUARTZ COUNTERTOPS, UPDATED BACKSPLASH, SEAMLESS SHOWER, CUSTOM CABINETS AND SHAKER STYLE DOOR FACES. FLOORING INCLUDING VINYL PLANK, TILE AND CARPET. HARDWARE, LIGHT AND PLUMBING FIXTURES, FENCE, TWO INCH FAUX BLINDS, SHAKER STYLE INTERIOR DOORS, EXTERIOR DOORS, SPLIT AC IN BONUS ROOM, DOUBLE SLIDING GLASS DOORS, SIX INCH BASEBOARDS IN FRONT ROOMS. WALLS HAVE BEEN TEXTURED THROUGHOUT. PEX PLUMBING WAS PREVIOUSLY INSTALLED. THIS IS TURN KEY AND READY TO GO!

Investor Tools

$380,000

Estimated Property Value

$396,487Estimated Mortgage Balance

$0Estimated Equity

-4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,334 /month

Positive

Cash Flow Estimate:

$778 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$336/month

$67/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,127

$369,490

2025

$57,510

$311,980

$369,490

Tax History

Year

Tax Paid

Assessed Value

2024

$2,127

$369,490

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

$396,487

Yes

First

Dec 12, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$393,612

N/A

104%

$2,378/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,445/mo

$-723/mo

5.4%

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