32Days on Market

1view

$429,000

2003 Marthoman Drive, Missouri City, TX, 77489

On Market

3 Beds

3 Bath

1,882 Sq Ft

Single Family Residence

$227.95 / sqft

Built in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer

FlooringTile

Exterior

Exterior FeaturesDock

Lot Size7,046 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN4515-01-001-0570-907

Lot Number57

SubdivisionKnanaya Homes

Land UseResidential

Legal DescriptionKNANAYA HOMES, BLOCK 1, LOT 57

Census Tract671102

Assessed Land Value$44,850

Assessed Improvement Value$387,042

Assessment Year2025

About this property

Stunning Lakeview Retreat in an Exclusive Gated Community!ALL THE APPLIANCES AND FUNITURE STAYS. Welcome to 2003 Marthoma Drive,a serene and secure haven,within the gated community of KNANAYA HOMES,perfect for active adults seeking tranquility and luxury.Lake has its Deck for breathtaking views and relaxation.Custom-built home with modern, high-quality finishes.EXCLUSIVE GATED COMMUNITY of Knanaya Homes ensuring calm and safe living.Club House with frequent gatherings n for socializing and community building.The house comes with washer,dryer,refrigerator and all the furniture.This NO CARPET house has a Fully Equipped SECOND KITCHEN for your culinary delights. This Spacious 3 Bedroom, 2.5 Baths offers comfortable living and has a Beautiful Brick and Stone Elevation, adding great curb appeal .Stunning Single Story design with High Ceilings creating a sense of grandeur .Pre wired for alarm system. Own this HIDDEN GEM and have a great relaxation and community living. MAKE IT HAPPEN!

Investor Tools

$431,892

Estimated Property Value

$0Estimated Mortgage Balance

$260,105Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,591 /month

Positive

Cash Flow Estimate:

$864 /month

Interested in this property?

Ajitha Tose

MIH REALTY, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,030/month

$1,700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,197

$431,892

2025

$44,850

$387,042

$431,892

Tax History

Year

Tax Paid

Assessed Value

2025

$10,197

$431,892

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nqm Funding Llc

Conventional

$174,600

First

Jul 22, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$171,787

$260,105

60%

40%

$1,047/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,190/mo

$2,747/mo

$-557/mo

6.1%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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