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$249,347

NAL Estimated Property Value

2655 Royal Place Court, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,783 Sq Ft
price_per_sqft$140.16 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size5,602 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1278390010016
Lot Number16
SubdivisionMount Royal Village
Land UseResidential
Legal DescriptionLT 16 BLK 1 MOUNT ROYAL VILLAGE SEC 1
Census Tract533402
Assessed Land Value$45,287
Assessed Improvement Value$204,060
Assessment Year2025

About this property

Welcome to this quaint 3 bedroom, 2 bath home located in the highly sought after 77088 zip code! Upon entering the home, you will notice the tall ceilings and open concept floor plan. These features create an inviting space that has a synergy that promotes connectivity and interaction. Upgrades to the home include a recent HVAC system, surround sound (living room and rear patio), state of the art security cameras and alarm system and a spacious storage shed. Schedule your showing today!

Investor Tools

Property Icon
$249,347
Estimated Property Value
$225,203Estimated Mortgage Balance
$24,144Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,246
$249,347
2025
$45,287
$204,060
$249,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,246
$249,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$237,500
No
First
Jul 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,203
$24,144
9%
90%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,874/mo
$-152/mo
8.3%

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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2655 Royal Place Court | Property Details | No Agent List