Street View

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Owner Contacts

$310,000

2815 Chancery Summit Court, Houston, TX, 77047

Off Market

3 Beds

2 Bath

1,516 Sq Ft

Single Family Residence

$168.86 / sqft

Built in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

$310,000

Estimated Property Value

$0Estimated Mortgage Balance

$54,493Estimated Equity

100% 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

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%

Learn About the Market: Opportunity in Houston

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