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Owner Contacts

$386,753

2319 Flamingo Street, New Caney, TX, 77357

$398,786 ARV

Off Market

3 Beds

2 Bath

2,374 Sq Ft

Single Family Residence

$144.9 / sqft

Built in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Electric Oven, Microwave, Dishwasher

FlooringCarpet, Tile

Exterior

Private Pool

Lot Size1.03 acres

Building Information

Year Built1972

Stories1

Roof Type105

Garage Spaces2

Land Information

APN8397-01-27700

Lot Number50,51

SubdivisionRoman Forest 01

Land UseResidential

Legal DescriptionS839701 - ROMAN FOREST 01, BLOCK 6, LOT 50, 51

Census Tract692802

Assessed Land Value$89,658

Assessed Improvement Value$297,095

Assessment Year2025

About this property

1 ACRE CORNER LOT ON A CUL DE SAC STREET!!! NO HOA FEES!!! POOL!!! GUESTHOUSE!!! This one story home features a formal living and dining room, 3 bedrooms, 2 full bathrooms, with a 2 car attached garage, and a beautiful courtyard. This is a great home for entertaining Family & Friends. Courtyard shows off a fountain and can be viewed from every room. Kitchen is open to the spacious family room with a wood burning fireplace. Do not miss the beautiful Saltillo Tile from Mexico, Custom Cabinets and built-in SUB ZERO refrigerator. The primary bedroom's ensuite bathroom has a walk-in shower with views of the beautiful backyard & pool. Backyard features a pool, charming gazebo, soft side outdoor spa, and raised garden beds. GUEST HOUSE features Kitchen, Living Room, Dry Sauna, & Bathroom with shower perfect for guests! STORAGE SHED TOO! Roman Forest has a community park, pool, and splashpad. Convenient to Valley Ranch shopping, TX 59, 99 Grand Parkway, FM 1485, FM 242. New Caney ISD.

Investor Tools

$386,753

Estimated Property Value

$0Estimated Mortgage Balance

$83,401Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$398,786

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,321 /month

Positive

Cash Flow Estimate:

$774 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$868/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,486

$386,753

2025

$89,658

$297,095

$386,753

Tax History

Year

Tax Paid

Assessed Value

2024

$8,486

$386,753

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Stand Alone Second / Subordinate Position

$8,984

First

Jul 31, 2023

Jul 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$303,352

$83,401

21%

78%

$1,835/mo

Learn About the Market: Opportunity in Texas

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Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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