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$315,420

NAL Estimated Property Value

2318 Silva Park Lane, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.5 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Gas Oven, Microwave, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,551 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1448140030002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 3 MANSFIELD PARK
Census Tract531900
Assessed Land Value$55,800
Assessed Improvement Value$259,620
Assessment Year2025

About this property

Coveted building firm, City Choice Homes offers unrivaled value & quality- 2318 Silva Park Ln, in the latest gated community, Mansfield Park complete with walk trail. This impeccably located home w/ yard is paired with an ultra wide 28’ driveway & sizable private yard- the residence consists of 2 levels, 3 bedrooms & 2.5 baths with effortless flow between the home’s living areas on the main level. Enter the home & be greeted by a superbly executed Great Room, Dining area, an island kitchen with shaker cabinetry, quartz countertops, top tier appliances with access to the yard space. Ascend to the second level to find 2 guest rooms with spacious closets & a bathroom with tub/shower clad in designer stone. The Owners’ suite features 10’ ceilings, a bath with dual vanities, a freestanding soaking tub, glass enclosed shower with modern plumbing fixtures & a sizable walk-in closet with built-ins spanning over 12’ long. Community amenities throughout! Estimated completion: End of Sept 2023.

Investor Tools

Property Icon
$315,420
Estimated Property Value
$277,978Estimated Mortgage Balance
$37,442Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,893 /month
Positive
Cash Flow Estimate:
$631 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,906
$315,420
2025
$55,800
$259,620
$315,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,906
$315,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$290,709
No
First
Dec 5, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,978
$37,442
11%
88%
$1,743/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,943/mo
$-1,221/mo
6.6%

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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2318 Silva Park Lane | Property Details | No Agent List