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$328,000

1718 Bowline Rd, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.83 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,638 sqft

Building Information

Year Built1965
Garage Spaces2

Land Information

APN0964720000280
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTR 280A BLK 28 CLEAR LAKE CITY SEC 3
Census Tract340501
Assessed Land Value$57,510
Assessed Improvement Value$224,225
Assessment Year2025

About this property

Welcome to this impeccably clean and meticulously maintained home boasting a rare 4-bedroom, 2.5-bath layout with a dedicated office.Nestled on a tranquil street in the heart of Clear Lake, this property is zoned to the highly acclaimed CCISD schools. Key features include fresh paint and carpet, beautifully updated kitchen and bathrooms, and a cozy fireplace. With its spacious layout, abundant natural light, and ample storage, this home is both functional and inviting. The exterior is equally impressive, featuring a long driveway with plenty of parking space and a large fenced backyard that is perfectly set up for gardening, complete with custom sections and a lovely patio deck for outdoor relaxation.Upstairs, you’ll find three generously sized bedrooms and a full bath, offering privacy and comfort for family or guests. A must see! Easy access to nearby shopping, dining, and entertainment at Baybrook. All this and a low tax rate!

Investor Tools

Property Icon
$328,000
Estimated Property Value
$211,000Estimated Mortgage Balance
$120,715Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,394
$281,735
2025
$57,510
$224,225
$281,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,394
$281,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Va
$211,000
Yes
First
May 9, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,285
$114,715
35%
63%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,466/mo
+$760/mo
8.1%

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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1718 Bowline Rd | Property Details | No Agent List