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$317,000

3008 Ludgate Hill Ln, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.71 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,262 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1410060030004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 3 CITY GATE SEC 2
Census Tract331502
Assessed Land Value$53,308
Assessed Improvement Value$260,184
Assessment Year2025

About this property

New Construction by D.R. Horton, Manhattan features Modern, Chic designs, that WOW you including the "Smart Home Automation System" which allows you to control your home from anywhere via the Echo Dot! Upon entering you are greeted with beautiful Upgraded Vinyl Plank Flooring throughout 1st floor, Carpeting in all of the Bedrooms & Tile in all wet areas! Downstairs you will discover the Owner's Suite w/Luxurious Bathroom/spa tucked away from all of the living space for privacy, Half Bath & Huge Family Room that flows gracefully into your Casual Dining area & Amazing Gourmet Kitchen featuring beautiful Silestone Counters, Stainless Appliances, Tall Cabinets that will surround you & Working Station Breakfast Bar w/Under-mount Stainless Sink & more! High Ceilings, Walls of Windows allowing natural light inside! Huge Game Rm, 3 Bedrooms & 1 Full Bath Upstairs! Front yard Sprinkler System, Covered Rear Patio! HERS Rated & Tank-less Water heater & more!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$307,590Estimated Mortgage Balance
$12,867Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,396
$313,492
2025
$53,308
$260,184
$313,492
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,396
$313,492

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$307,590
Yes
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,133
$26,867
8%
96%
$1,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,198/mo
$-608/mo
9.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3008 Ludgate Hill Ln | Property Details | No Agent List