Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$387,000

NAL Estimated Property Value

24223 Rain Creek Dr, Tomball, TX, 77375

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,481 Sq Ft
price_per_sqft$157.19 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size9,701 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN1127220000005
Lot Number5
SubdivisionWimbledon Country
Land UseResidential
Legal DescriptionLT 5 BLK 9 017*W3470500-001-009-005 WIMBLEDON COUNTRY SEC 1
Census Tract555303
Assessed Land Value$64,311
Assessed Improvement Value$279,793
Assessment Year2025

About this property

In real estate, it always starts with location & schools. This NW Houston home is located just south of The Woodlands near great retail, restaurants, and grocery stores. Quick 3 miles to the Grand Pkwy (99) to take you all over Houston. Niche ranks Klein ISD as a top school district in Texas, and both Metzler Elem and Klein Oak HS receive an A grade. This 2-story home includes recent upgrades/features such as: New Roof (2022), Fireplace refaced (2020), new Luxury Vinyl Plank floors (2020), new interior paint in last year, new AC unit and Evaporator Coil in 2017. Many great designer features w/ Granite counters in the Kitchen and downstairs Master Bath. The Kitchen has Frigidaire Professional appliances including a 5-burner gas range and Under and Over-Cabinet lighting! Upstairs has a large Game Room w/ spacious Bedrooms. Outside, you have a large pool w/ lights and plenty of grass space left over. Covered porch area, 4-sides brick, and solar screens on all the windows. No flooding!

Investor Tools

Property Icon
$387,000
Estimated Property Value
$221,066Estimated Mortgage Balance
$165,934Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,750
$344,104
2025
$64,311
$279,793
$344,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,750
$344,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Fha
$279,837
Yes
First
Jun 15, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,066
$187,934
45%
57%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,328/mo
$-418/mo
5.9%

City: Tomball

24223 Rain Creek Dr | Property Details | No Agent List