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Owner Contacts

$210,048

17115 Faring Rd, Houston, TX, 77049

Off Market

4 Beds

3 Bath

1,764 Sq Ft

Single Family Residence

$127.55 / sqft

Built in 1963

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size5,990 sqft

Building Information

Year Built1963

Stories1

Land Information

APN0923650000026

Lot Number26

SubdivisionSheldon Woods

Land UseResidential

Legal DescriptionLT 26 BLK 5 SHELDON WOODS SEC 2

Census Tract252202

Assessed Land Value$47,912

Assessed Improvement Value$162,136

Assessment Year2025

About this property

Beautifully renovated one-story home with 4 bedrooms and 2.5 bathrooms! This Beautiful Home is also in great shape! The foundation has been leveled and it comes with transferable warranty. It has all new electrical wiring and a newer breaker box. It also has all new plumbing Pex pipes and a new water heater. Home has a brand-new HVAC System. Home Features a gorgeous brand-new Kitchen with beautiful new granite countertops and amazing new stainless-steel appliances! The kitchen cabinets are also brand new. Interior and Exterior of the home has fresh new paint. Home has all new flooring throughout with brand new carpet in the bedrooms. The beautiful master shower is brand new. This home features all new toilets, new faucets, new light fixtures, and new fans. Come and see this amazing home today!

Investor Tools

$210,048

Estimated Property Value

$214,360Estimated Mortgage Balance

$3,391Estimated Equity

-2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$192/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,251

$210,048

2025

$47,912

$162,136

$210,048

Tax History

Year

Tax Paid

Assessed Value

2024

$1,251

$210,048

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$214,360

First

May 30, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$206,657

$3,391

98%

$1,286/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

$1,286/mo

+$484/mo

10.1%

Learn About the Market: Opportunity in Houston

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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.

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