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$510,413

NAL Estimated Property Value

2215 W Fall Run Park Drive, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,406 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.55 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityCash Buyers

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, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,467 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1355540010031
Lot Number31
Land UseResidential
Legal DescriptionLT 31 BLK 1 FALL RUN PARK
Census Tract520400
Assessed Land Value$172,333
Assessed Improvement Value$338,080
Assessment Year2025

About this property

Private Driveway can accommodate full size SUV or Truck. Front yard, back yard, side yard. Home Office. Cordless, easy lift window coverings included throughout entire house. This home has served as the Model home. It is staged with high end furnishings so that buyers may get a feel of how their furniture and art might be placed. Located in a gated community of 35 homes,this Modern style home offers 3BR's, 2.5 BA's and high-end finishes throughout! This home includes extensive recessed lighting, 8' doors throughout,10' ceilings, Quartzite and Quartz counters and premium engineered wood flooring. Front and Back Lawn Maintenance included in HOA! Chefs' kitchen features Quartzite counters, a large island, a stainless steel appliance package & plenty of storage cabinetry including deep pots and pans drawers,Soft Close cabinets, and drawers. Built-in pest control system, full yard sprinkler system, 5.1 surround sound pre-wire and alarm pre-wire. Approximate completion date: May 15, 2022.

Investor Tools

Property Icon
$510,413
Estimated Property Value
$0Estimated Mortgage Balance
$510,413Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,753
$510,413
2025
$172,333
$338,080
$510,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,753
$510,413

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$510,413
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$500/mo
+$1,222/mo
4.0%

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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2215 W Fall Run Park Drive | Property Details | No Agent List