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$615,000

NAL Estimated Property Value

1707 Red Oak Point Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.47 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,714 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1354010010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 RESERVE ON MORITZ
Census Tract520700
Assessed Land Value$175,399
Assessed Improvement Value$362,268
Assessment Year2025

About this property

Immaculate home with first-floor living and tons of natural light! This beautiful home is located in a gated community and features a spacious open-concept living room, dining room, upgraded kitchen, 10-ft ceilings, and wood floors throughout. Custom nook/play area under the stairs that leads to the 2nd floor. The spacious primary suite boasts 2 primary closets, one with cedar. There are two additional bedrooms on the 2nd floor, one with a balcony. The 3rd floor can be used as a 4th bedroom, office, or family room complete with a full bath. Extended storage deck in the attic, soft-close cabinets/drawers, quartz countertops, crown molding, and upgraded light fixtures throughout. Ceiling fans in all rooms, all wood/tile floors, NO CARPET! 2-car attached garage with epoxy floors and multiple ceiling storage racks. HOA fees include water, trash, and yard maintenance. Excellent schools - Valley Oaks Elementary, Spring Branch Middle (with transfer letter), and Memorial High.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$552,990Estimated Mortgage Balance
$62,010Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
$2,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,739
$537,667
2025
$175,399
$362,268
$537,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,739
$537,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Stand Alone First / Home Equity First Lien
$588,225
No
First
Feb 6, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,990
$94,010
14%
90%
$3,527/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,877/mo
$-4,155/mo
3.4%

City: Houston

1707 Red Oak Point Dr | Property Details | No Agent List