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$279,000

17942 Sommerset Falls Lane, Crosby, TX, 77532

$321,143 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.83 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher
FlooringCarpet, Vinyl Plank

Exterior

Lot Size6,312 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1461630010036
Lot Number36
Land UseResidential
Legal DescriptionLT 36 BLK 1 NEWPORT POINTE SEC 1
Census Tract251904
Assessed Land Value$45,061
Assessed Improvement Value$248,784
Assessment Year2025

About this property

Just Repainted – Move-In Ready! Welcome to 17942 Sommerset Falls Lane, Crosby, TX, a beautifully upgraded 4-bedroom, 3-bathroom home built in 2023, offering nearly 2,300 sq. ft. of modern, open-concept living. This rare floor plan features two bedrooms and two full bathrooms downstairs, including the spacious primary suite with a walk-in closet and private bath. The stylish kitchen flows seamlessly into the living and dining areas, making it ideal for everyday living and entertaining. Priced to sell! This is currently the lowest-priced home per square foot in the area, making it one of the best values on the market. Located in one of Crosby’s most desirable neighborhoods, this move-in-ready home offers modern finishes, a functional layout, and exceptional value. Schedule your showing today and bring your offers before it’s gone!

Investor Tools

$280,987Estimated Mortgage Balance
$26,013Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$321,142
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Rizwan Adenwalla

CLIENT FIRST REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,896
$293,845
2025
$45,061
$248,784
$293,845
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,896
$293,845

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$294,344
Yes
First
Dec 8, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,987
$26,013
8%
92%
$1,765/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,415/mo
$-189/mo
8.7%

City: Crosby

17942 Sommerset Falls Lane | Property Details | No Agent List