4Days on Market

1view

$505,000

1704 Oak Leaf Pass Dr, Houston, TX, 77055

On Market

Just Added

3 Beds

3 Bath

2,306 Sq Ft

Single Family Residence

$218.99 / sqft

Built in 2015

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,156 sqft

Building Information

Year Built2015

Garage Spaces2

Land Information

APN1354010010021

Lot Number21

Land UseResidential

Legal DescriptionLT 21 BLK 1 RESERVE ON MORITZ

Census Tract520700

Assessed Land Value$170,098

Assessed Improvement Value$316,291

Assessment Year2025

About this property

Built in 2015 within a gated Spring Branch East community, this three-story home offers a versatile floor plan. The first floor features a bedroom with an ensuite bath and covered patio, perfect for a guest suite or office. The second floor boasts an open-concept layout with soaring ceilings, hardwood floors, and a kitchen equipped with a large island, granite countertops, and stainless steel appliances. The third-floor primary retreat includes a spacious bedroom and two walk-in closets. Located within walking distance to Valley Oaks Elementary and zoned to Memorial HS, this home provides easy access to I-10, Downtown, the Galleria, City Centre, and the Energy Corridor.

Investor Tools

$375,853Estimated Mortgage Balance

$140,468Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,090 /month

Positive

Cash Flow Estimate:

$1,030 /month

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Heidi Wehring

Nan & Company Properties - Corporate Office (Heights)

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$672/month

$3,125/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,486

$486,389

2025

$170,098

$316,291

$486,389

Tax History

Year

Tax Paid

Assessed Value

2024

$5,486

$486,389

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Legend Lending Corp

Conventional

$400,500

First

Feb 15, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$375,853

$154,147

29%

73%

$2,402/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$5,527/mo

$-3,805/mo

4.0%

Learn About the Market: Opportunity in Houston

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