$342,507
NAL Estimated Property Value2214 Cherryville Dr, Houston, TX, 77038
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate
Exterior
Lot Size6,037 sqft
Building Information
Year Built2019
Garage Spaces2
Land Information
APN1390090010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 FORESTWOOD ENCLAVE
Census Tract533804
Assessed Land Value$39,966
Assessed Improvement Value$302,541
Assessment Year2025
About this property
NEW home built by WG Homes located in Forestwood. This NEW Two-Story Home offers a front porch, 4 Bedrooms, 2 Full Baths & 1 Half Bath. Formal Living Room upon entry. Game Room Up. The owner's retreat is located on the first floor tucked at the back of the home. Spacious bath area with a garden style tub, step-in shower & large walk-in closet. Open kitchen with granite courter tops, black appliances include a gas range and dishwasher. All 3 secondary bedrooms and game room are up. Backyard fenced.
Investor Tools
$342,507
Estimated Property Value
$178,807Estimated Mortgage Balance
$163,700Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,569
$342,507
2025
$39,966
$302,541
$342,507
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,569
$342,507
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$200,447
Yes
First
Oct 23, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,807
$163,700
47%
52%
$1,202/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,502/mo
+$724/mo
7.8%
