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$342,000

NAL Estimated Property Value

2231 Tangle Lake Dr, Houston, TX, 77339

$370,340 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,753 Sq Ft
price_per_sqft$125.32 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: Houston

2231 Tangle Lake Dr | Property Details | No Agent List