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$498,829

NAL Estimated Property Value

2431 Kolbe Reach Lane, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,266 Sq Ft
price_per_sqft$209.58 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,403 sqft

Building Information

Year Built2019
Garage Spaces1

Land Information

APN1342790140004
Lot Number4
SubdivisionKolbe Farms
Land UseResidential
Legal DescriptionLT 4 BLK 14 KOLBE FARMS
Census Tract521300
Assessed Land Value$145,912
Assessed Improvement Value$352,917
Assessment Year2025

About this property

Hidden gem nestled along a courtyard in the gated 38 acre Kolbe Farms community is this unique 3-story modern farmhouse. Abundant upgrades await as you open the mahogany front door and step foot on the wood floors found throughout the home. California Closets and other custom closets and cabinetry installed stylishly increase storage. All bathrooms have marble or quartz countertops and frameless glass shower enclosures. Plantation shutters can be found throughout letting in ample light into this north facing home and remotely operated shades cover the large, 10 feet high patio doors. Both secondary bedrooms have custom board and batten accent walls to complement the farmhouse style. Within the gates of the community are a walking trail, 2-acre lake, and secure swimming pools. Venture immediately outside the gates and run or bike the recently constructed 10-foot wide trail system. Be a part of this one of a kind opportunity in a burgeoning community.

Investor Tools

Property Icon
$498,829
Estimated Property Value
$443,267Estimated Mortgage Balance
$55,562Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,993 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,357
$498,829
2025
$145,912
$352,917
$498,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,357
$498,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$474,000
No
First
Nov 15, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,267
$55,562
11%
89%
$2,842/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,242/mo
$-3,520/mo
4.1%

City: Houston