$340,000
287 Blue Lake Drive, Huffman, TX, 77336
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range
FlooringCarpet, Laminate, Vinyl Plank
Exterior
Lot Size2 acres
Building Information
Year Built1997
Garage Spaces1
Land Information
APN1151570010006
Lot Number6
SubdivisionCypress Point
Land UseResidential
Legal DescriptionLT 6 BLK 1 CYPRESS POINT SEC 7 U/R
Census Tract251600
Assessed Land Value$111,078
Assessed Improvement Value$209,832
Assessment Year2025
About this property
Welcome to this gorgeous farmhouse that sits on 2 acers of land in the sought after small town of Huffman! This unique home has 3 HUGE bedrooms and 2 full bathrooms. There is an office space/ Flex room as soon as you enter the home. Your pups will absolutely love their own built-in kennel underneath the stairs off to the family room. Completely fenced in. Home has so many upgrades and has recently been remodeled. Zoned to Huffman ISD. Schedule a showing today and Don't miss out!
Investor Tools
$321,602Estimated Mortgage Balance
$24,398Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$25/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,599
$320,910
2025
$111,078
$209,832
$320,910
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,599
$320,910
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$343,900
No
First
Dec 21, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,602
$24,398
7%
93%
$2,062/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,087/mo
$-365/mo
6.0%
