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$909,000

NAL Estimated Property Value

1824 Inspiration Ln, River Oaks, TX, 76114

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.89 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Water Purifier, Dishwasher, Disposal, Electric Cooktop, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Kitchen, Other
Lot Size1.74 acres

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APN21180----3---16---20
Lot Number16
SubdivisionInspiration Point Addition
Land UseResidential
Legal DescriptionINSPIRATION POINT ADDITION BLOCK 3 LOT 16 & A1258 TR 3A13
Census Tract110500
Assessed Land Value$162,850
Assessed Improvement Value$731,650
Assessment Year2025

About this property

****MULTIPLE OFFERS RECEIVED****HIGHEST AND BEST DUE BY Tuesday June 20 at 6:00 PM**** Unbelievable vista views from this River Oaks gem! Summer has never looked better with this recently updated deck, pool and outdoor kitchen. A true entertainers delight! Enjoy tranquility of forested views that feel like country living , but with Downtown and the Cultural District just 15 minutes away! Enjoy endless poolside days in this recently updated pool and outdoor kitchen! Freshly painted, recent roof replacement , outdoor deck, Epoxy garage floor and so many more updates make this a move in ready dream. Hobby enthusiast will love the bonus Room downstairs for Crafts, Train Room, Gym, or Office-so many options! If you are someone who likes to tinker in the garage , the heated and cooled work closets in the garage are a dream!

Investor Tools

Property Icon
$909,000
Estimated Property Value
$853,398Estimated Mortgage Balance
$55,602Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,454 /month
Positive
Cash Flow Estimate:
$1,818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,523/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,733
$894,500
2025
$162,850
$731,650
$894,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,733
$894,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$900,000
Yes
First
Jul 25, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$853,398
$55,602
6%
94%
$5,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$5,596/mo
$-3,211/mo
3.1%

City: River Oaks