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$516,000

NAL Estimated Property Value

2662 Shady Acres Landing, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,212 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-In Ready

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, Electric Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size2,457 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1221610010004
Lot Number4
SubdivisionShady Acres Landing Amend
Land UseResidential
Legal DescriptionLT 4 BLK 1 SHADY ACRES LANDING SEC 4 AMND
Census Tract511100
Assessed Land Value$147,300
Assessed Improvement Value$271,806
Assessment Year2025

About this property

Immaculately maintained and tastefully updated home in the quiet sought-after gated community of Shady Acres Landing. The home features high-quality updates and appliances (see detailed upgrade list under docs) with a terrific open floor plan and functional back yard with maintenance-free artificial grass around the patio. Convenient sidewalk-lined streets and nearby green space for pets and kids to enjoy. Neighbors are welcoming and helpful! The home is within walking distance from several restaurants, breweries, and bars. The property is approximately half a mile from the White Oak Bayou Trail, which is perfect for biking, running, and walking. Easy access to 610, downtown, galleria, and medical center.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$331,093Estimated Mortgage Balance
$184,907Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
$171/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,619
$419,106
2025
$147,300
$271,806
$419,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,619
$419,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$359,200
No
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,093
$184,907
35%
64%
$2,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,325/mo
$-95/mo
5.2%

City: Houston

2662 Shady Acres Landing | Property Details | No Agent List