$2,200
2947 Red Oak Leaf Trl, Houston, TX, 77084
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringLaminate, Tile
Exterior
Lot Size6,325 sqft
Building Information
Year Built2009
Garage Spaces2
Land Information
APN1219260010001
Lot Number1
SubdivisionOak Ridge Place
Land UseResidential
Legal DescriptionLT 1 BLK 1 OAK RIDGE PLACE SEC 1
Census Tract541901
Assessed Land Value$59,771
Assessed Improvement Value$254,396
Assessment Year2025
About this property
Beautiful 1-story home on corner lot! Open, split, floor plan, granite counter tops, neutral colors in home, gas range, and gas fireplace. Katy ISD school district! Every room in house wired for high speed cable/internet. 4th room sound resistant, great for media room or office. Garage has storage system an epoxied floors, security system , web programmable thermostat and remote controlled front door, living room and media room wired for speakers!
Investor Tools
$61,900Estimated Mortgage Balance
$252,609Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,885 /month
Positive
Cash Flow Estimate:
$628 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,925
$314,167
2025
$59,771
$254,396
$314,167
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,925
$314,167
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$79,000
No
First
Mar 18, 2016
Apr 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,900
$252,267
80%
20%
$474/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$474/mo
+$2,166/mo
10.1%
