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$310,000

NAL Estimated Property Value

2815 Chancery Summit Court, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
price_per_sqft$168.86 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1503760010021
Lot Number21
Land UseResidential
Legal DescriptionLT 21 BLK 1 CITY GATE SEC 1
Census Tract331502
Assessed Land Value$53,020
Assessed Improvement Value$234,380
Assessment Year2025

About this property

It's time to enjoy the Gated Community of City Gate where the HOA is responsible for maintaining the front yard! The Boston Floor Plan by D.R. Horton! This Charming home features High Ceilings, Gorgeous Wood Like Plank Vinyl Floors Throughout & Luxurious Carpeting in all bedrooms! Amazing Family Room w/Wall of Windows overlooking Covered Patio & flows gracefully into the Casual Dining area & Gourmet Kitchen featuring Gorgeous Silestone Counters, Stainless Appliances, Tall Cabinets, Eat-in & Working Station Island w/Under-mount Stainless Sink & more! Primary Suite w/Luxurious Bathroom featuring Over-sized Shower & Huge Walk-in Closet! 2 Guest Bedrooms & 1 Full Bath! Also features the "Smart Home Automation" which allows you to control your home from anywhere w/Echo Dot, Skybell, Wireless Security exterior doors, electronic deadbolt & smart thermostat! 2 Car Garage, Garage Door w/windows, Upgraded Stone Elevation, Front Yard Sod & irrigation system & more! Subdivision had No Flooding!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$255,507Estimated Mortgage Balance
$54,493Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,600
$287,400
2025
$53,020
$234,380
$287,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,600
$287,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$249,389
Yes
First
Mar 23, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,507
$54,493
17%
82%
$1,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,891/mo
$-891/mo
7.7%

City: Houston

2815 Chancery Summit Court | Property Details | No Agent List