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$486,096

NAL Estimated Property Value

2203 West Fall Run Park Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,253 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.24 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,210 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1355540010028
Lot Number28
Land UseResidential
Legal DescriptionLT 28 BLK 1 FALL RUN PARK
Census Tract520400
Assessed Land Value$170,534
Assessed Improvement Value$315,562
Assessment Year2025

About this property

Study/Home Office. Unobstructed views of the park. Home has a Front yard with it's own driveway. Open floor plan, minimum 10' ceiling heights throughout, Soft Close cabinets and Drawers throughout. Under cabinet lighting in kitchen. High end natural stone and quartz, large kitchen Island, many upgrades. Beautiful gated community with green space centrally located for an open, spacious environment. Centrally located just a few minutes from 610, 290, I-10, The Galleria, Memorial City, Memorial Park.

Investor Tools

Property Icon
$486,096
Estimated Property Value
$401,208Estimated Mortgage Balance
$84,888Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,853
$486,096
2025
$170,534
$315,562
$486,096
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,853
$486,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$422,400
No
First
Aug 7, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,208
$84,888
17%
83%
$2,533/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,033/mo
$-1,311/mo
4.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2203 West Fall Run Park Dr | Property Details | No Agent List