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$385,969

NAL Estimated Property Value

1635 Neptune Ln, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,636 Sq Ft
price_per_sqft$104.29 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size12,118 sqft

Building Information

Year Built1972
Garage Spaces2

Land Information

APN0964680000255
Lot Number255
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionLT 255 BLK 24 CLEAR LAKE CITY SEC 3
Census Tract340501
Assessed Land Value$69,255
Assessed Improvement Value$316,714
Assessment Year2025

About this property

Fall in love with this light and bright, freshly painted home in the heart of Clear Lake City. This lovely home offers great open spaces, perfect for entertaining and family gatherings. The spacious kitchen overlooks the family room and opens into the casual dining room. Ideal placement of windows for a fabulous view of the new exploration green nature park, with miles of wetlands ponds and walking trails right at your back door. House has been re-piped with PEX piping, replaced all the electrical copper wiring, added windstorm certified windows and doors, updated breaker box, added Radiant Attic Barrier, skylights, and sprinkler system with micro-drip in the gardens. Electric storm shutters on the front living room window and lots more. Low Tax Rate, very low HOA, NO FLOODING, and zoned to Clear Creek Independent School District. Schedule your personal tour today!

Investor Tools

Property Icon
$385,969
Estimated Property Value
$0Estimated Mortgage Balance
$385,969Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
$82/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$286
$385,969
2025
$69,255
$316,714
$385,969
No

Tax History

Year
Tax Paid
Assessed Value
2020
$286
$385,969

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$385,969
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$82/mo
+$2,144/mo
6.9%

Learn About the Market: Opportunity in Houston

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Explore

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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1635 Neptune Ln | Property Details | No Agent List