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$295,224

NAL Estimated Property Value

1903 Rainlily Dr, Houston, TX, 77084

$302,797 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.47 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size8,538 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1113700000012
Lot Number12
SubdivisionMayde Creek Farms
Land UseResidential
Legal DescriptionLT 12 BLK 2 MAYDE CREEK FARMS SEC 1
Census Tract541703
Assessed Land Value$63,485
Assessed Improvement Value$231,739
Assessment Year2025

About this property

Welcome to 1903 Rainlily Drive located in the Mayde Creek Farms Community of Houston, Texas. Featuring 4 Bedrooms, 2.5 Baths, Large Family Room with floor-to-ceiling Brick Fireplace, Open Kitchen/Breakfast Area and more. Recent Upgrades include Luxury Laminate flooring throught out the first floor, Brand New Stainless Steel Stove, Dishwasher, Updated Lighting fixtures and SS Refrigerator will Stay. Primary Suite is down with Dual Vanities in the Primary Bath along with a Decorative Framed Mirror. Decent Size Secondary Bedrooms Upstairs. Home is situated on a huge 8500+sqft lot and located less then a mile away from Interstate 10 and close proximity to all the entertainment including Cullen park with beautiful biking trails, picnic areas, restaurants, malls and more. Amazing backyard with deck and kids play area. WILL NOT LAST. Showings begin April, 29th 2021.

Investor Tools

Property Icon
$295,224
Estimated Property Value
$0Estimated Mortgage Balance
$295,224Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$302,797
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,771 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
$490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,528
$295,224
2025
$63,485
$231,739
$295,224
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,528
$295,224

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,224
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$490/mo
+$2,150/mo
10.7%

City: Houston

1903 Rainlily Dr | Property Details | No Agent List