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$327,000

NAL Estimated Property Value

17706 Sommerset Falls Ln, Crosby, TX, 77532

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,290 Sq Ft
price_per_sqft$144.1 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size6,194 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1461630020015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 2 NEWPORT POINTE SEC 1
Census Tract251904
Assessed Land Value$45,092
Assessed Improvement Value$248,784
Assessment Year2025

About this property

Welcome to 17706 Sommerset Falls in Newport Pointe. This 4 bedroom, 3 full bathroom home with a large backyard will provide a peaceful space for your family. The primary suite is located on the first floor, relax & unwind in your soaking tub & separate shower. There is a secondary bedroom with a full bathroom also located on the first floor, great for multi-generational living. You will love the upstairs flex space, perfect for a gameroom, fitness space, or a luxurious home office. This home is equipped with a front yard sprinkler system, tankless water heater, & the roof & HVAC are only two years old. A unique feature to this property is the leased solar panels. Live stress free during storms while the rest of the neighborhood is without power & enjoy incredibly minimal electric bills. The backyard has a covered patio with an exterior gas connection. All typical new-build first year kinks have been worked out so you can move in knowing your home is in great shape. Come take a tour!

Investor Tools

Property Icon
$327,000
Estimated Property Value
$282,118Estimated Mortgage Balance
$45,358Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$715/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,685
$293,876
2025
$45,092
$248,784
$293,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,685
$293,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$296,519
Yes
First
Sep 27, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,118
$27,882
8%
86%
$1,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,493/mo
$-267/mo
8.2%

City: Crosby

17706 Sommerset Falls Ln | Property Details | No Agent List