$342,000
NAL Estimated Property Value2231 Tangle Lake Dr, Houston, TX, 77339
$370,340 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile, Wood
Exterior
Lot Size10,799 sqft
Building Information
Year Built1975
Stories2
Garage Spaces2
Land Information
APN1076560000016
Lot Number16
SubdivisionTrailwood Village
Land UseResidential
Legal DescriptionLT 16 BLK 27 TRAILWOOD VILLAGE SEC 4
Census Tract251100
Assessed Land Value$77,758
Assessed Improvement Value$256,483
Assessment Year2025
About this property
Charming home in Kingwood exudes warmth and character! Thru the front door and to the right is an inviting formal living and dining room. It features a master bedroom downstairs, wood floors, a brick accent wall, beamed ceiling, and a gas/log fireplace. The kitchen has granite countertops, wood cabinets, double ovens, and modern tile flooring. The spacious game room with a wet bar and covered patio with a deck make it perfect for entertaining. Refrigerator, Washer and dryer are included, and the home has no history of flooding.
Investor Tools
$342,000
Estimated Property Value
$308,450Estimated Mortgage Balance
$33,550Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$370,340
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,688
$334,241
2025
$77,758
$256,483
$334,241
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,688
$334,241
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$326,968
Yes
First
Apr 20, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,450
$25,791
7%
90%
$1,961/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,961/mo
+$709/mo
9.4%
