$231,000
NAL Estimated Property Value1927 Summer Place Drive, Missouri City, TX, 77489
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
Exterior
Lot Size6,600 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN5863-01-012-0250-907
Lot Number25
SubdivisionQuail Green West Sec 1
Land UseResidential
Legal DescriptionQUAIL GREEN WEST SEC 1, BLOCK 12, LOT 25
Census Tract671200
Assessed Land Value$32,500
Assessed Improvement Value$181,633
Assessment Year2025
About this property
MARKET RETURN. Buyer could not perform. Cute started 1 story home with many updates including Foundation repair in 2022 with transferable warranty, brand NEW Roof May 2022, AC and water heater replaced 2017. Come make this home yours and add your personal touches! Features like high ceiling and the brick fireplace makes the living room bright, spacious and charming! 3 bedrooms, 2 baths, nice kitchen with gas stove. Nice back porch to enjoy with friends and family. Make an appointment now and see of yourself!
Investor Tools
$231,000
Estimated Property Value
$165,982Estimated Mortgage Balance
$65,018Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,601
$214,133
2025
$32,500
$181,633
$214,133
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,601
$214,133
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Notes Llc
Unknown
$170,000
No
First
Jan 29, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,982
$65,018
28%
72%
$1,020/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,320/mo
+$870/mo
11.4%
