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$415,000

2203 Rain Melody Ln, Houston, TX, 77080

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.5 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Oven

Exterior

Lot Size1,546 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0751250060007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 NEUEN MANOR 6TH PAR R/P
Census Tract521300
Assessed Land Value$127,350
Assessed Improvement Value$132,300
Assessment Year2025

About this property

Experience elevated living in this new build by Leonidas Homes, where superior finishes and uncompromising attention to detail shine throughout. Located in the heart of Spring Branch, this exceptional community blends exemplary craftsmanship, energy efficiency, and refined design—perfect for the Houston buyer seeking both comfort and quality. The first-floor bedroom features an ensuite bath, ideal for guests. The second floor offers open-concept living with a balcony off the living room, a large island, stainless steel appliances, gas range, half bath, and stylish LVP flooring. The third-floor primary suite boasts a private balcony, spa-like bath with freestanding tub, oversized shower, and walk-in closet. A secondary bedroom with ensuite bath completes the top floor. Conveniently located near City Centre with easy access to Beltway 8 & I-10—city living made easy. Schedule your tour today!

Investor Tools

$296,502Estimated Mortgage Balance
$24,535Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

Interested in this property?

Sofia Rallis

Realm Real Estate Professionals - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$259,650
2025
$127,350
$132,300
$259,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,930
$259,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendingone Llc
Commercial
$300,000
No
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,502
$126,498
29%
71%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,799/mo
$-1,077/mo
5.0%

City: Houston