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$206,449

NAL Estimated Property Value

2230 Falling Oaks Rd, Houston, TX, 77038

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
price_per_sqft$133.44 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,815 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1200690030008
Lot Number8
SubdivisionForestwood
Land UseResidential
Legal DescriptionLT 8 BLK 3 FORESTWOOD SEC 2
Census Tract533804
Assessed Land Value$33,029
Assessed Improvement Value$173,420
Assessment Year2025

About this property

If you're looking for your dream home, this stunning property offers everything you need and more! Boasting 4 spacious bedrooms and 2 full baths, this 1,600 sqft gem features a double car attached garage and sits on a generous 5,800 sqft lot, perfect for your family to enjoy. Designed with comfort and functionality in mind, this home is move-in ready and ideal for creating cherished memories. Whether you're relaxing indoors or making the most of the outdoor space, this home provides the perfect backdrop for your lifestyle. Don’t miss this opportunity to make it yours—contact us today for details on how you can own this incredible home!

Investor Tools

Property Icon
$206,449
Estimated Property Value
$103,621Estimated Mortgage Balance
$102,828Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,281 /month
Positive
Cash Flow Estimate:
$427 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,431
$206,449
2025
$33,029
$173,420
$206,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,431
$206,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kathy Nguyen
Balloon
$105,000
No
First
Aug 26, 2025
Sep 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,621
$102,828
49%
50%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$880/mo
+$1,346/mo
12.9%

City: Houston

2230 Falling Oaks Rd | Property Details | No Agent List