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$248,000

NAL Estimated Property Value

3001 Murworth Drive 503, Houston, TX, 77025

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,277 Sq Ft
price_per_sqft$184.42 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesExercise Room

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1288860000023
SubdivisionSouthpoint Townhomes
Land UseResidential
Legal DescriptionUNIT 503 .0115 INT COMMON LAND & ELE SOUTHPOINT T/H CONDO AMEND
Census Tract413301
Assessed Land Value$45,005
Assessed Improvement Value$191,865
Assessment Year2025

About this property

This gorgeous 3 story gated townhome in beautiful South Point, features a stunning open floor plan with an updated kitchen which opens to the living room & dining with a wall of large windows bringing in lots of natural light. Newly updated kitchen features granite counters, updated light fixtures, new waterproof laminate flooring. Stainless steel appliances. All appliances stay. Modern paint. Stacked washer and dryer in the unit. Large living area which is great for entertaining. Primary bedroom has a huge walk in closet and large windows. Secondary bedroom can also be used as a nice home office. Great corner unit with a 2 car garage. The location is great with short drive to the medical center, or take the light rail. Walk to NRG. The outdoor common area offers resort style pool, grill, and covered patio/gazebo area. There is a 24-hour fitness center & guest parking is abundant. Small dog park as well. This is the place to live to be in the heart of the city for work and for play!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$103,050Estimated Mortgage Balance
$144,950Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,956
$236,870
2025
$45,005
$191,865
$236,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,956
$236,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$110,000
No
First
Dec 9, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,050
$144,950
58%
42%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,300/mo
$1,045/mo
+$255/mo
6.3%

City: Houston

3001 Murworth Drive 503 | Property Details | No Agent List