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Owner Contacts

$310,000

2870 Kennet Manor Dr, Houston, TX, 77047

Off Market

4 Beds

2 Bath

1,670 Sq Ft

Single Family Residence

$171.25 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size5,253 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1503760020029

Lot Number29

Land UseResidential

Legal DescriptionLT 29 BLK 2 CITY GATE SEC 1

Census Tract331502

Assessed Land Value$53,296

Assessed Improvement Value$245,160

Assessment Year2025

About this property

D.R. Horton presents the new Modern Design Floor Plan the Chicago located in the Gated Community of City Gate & the HOA is responsible for maintaining front yard! Gorgeous 1 Story home w/4 Bedrooms, 2 Full Bathrooms & 2 Car Garage, Front Yard Sod & irrigation system & features High Ceilings, Upgraded Luxurious Plank Vinyl Floors Throughout & 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 Quartz Counters, Stainless Appliances, Tall Cabinets, Eat-in & Working Station Island w/Under-mount Stainless Sink & more! Primary Suite w/Luxurious Bath features Huge Shower & Huge Walk-in Closet! 3 Guest Bedrooms & 1 Full Bath! Energy Features include Tank-less Water heater & HERS Energy Rated! Upgraded "Smart Home Automation System"which allows you to control your home from anywhere via Echo Dot ask for details! No Flooding!

Investor Tools

$310,000

Estimated Property Value

$278,125Estimated Mortgage Balance

$58,932Estimated Equity

10% 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

$463/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,008

$298,456

2025

$53,296

$245,160

$298,456

Tax History

Year

Tax Paid

Assessed Value

2024

$4,008

$298,456

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dow Employees Cu

Conventional

$278,125

First

Apr 21, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$251,068

$62,932

20%

81%

$1,668/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$2,868/mo

$-278/mo

10.0%

Learn About the Market: Opportunity in Houston

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