$229,751
NAL Estimated Property Value2607 Cherry Point Dr, Houston, TX, 77038
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size8,581 sqft
Building Information
Year Built2018
Garage Spaces2
Land Information
APN1399630030005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 3 WESTVIEW LANDING SEC 4
Census Tract533803
Assessed Land Value$52,601
Assessed Improvement Value$177,150
Assessment Year2025
About this property
Recently built 3 bedroom 2 bathroom with a study or game room your choice! Principal bedroom to the rear of home with double sink bathroom to enjoy your privacy! ready to call home! Extended custom concreted patio perfect for your family gatherings with an oversized rear backyard! Wont' last!
Investor Tools
$229,751
Estimated Property Value
$204,519Estimated Mortgage Balance
$25,232Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
$550/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$229,751
2025
$52,601
$177,150
$229,751
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,060
$229,751
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$217,550
No
First
Feb 28, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,519
$30,481
12%
89%
$1,305/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,855/mo
$-133/mo
9.0%
