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Owner Contacts

$807,271

NAL Estimated Property Value

3011 Kismet Lane, Houston, TX, 77043

Off Market

4 Beds

4 Bath

3,275 Sq Ft

$166.41 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size8,721 sqft

Building Information

Year Built1982

Stories2

Garage Spaces4

Land Information

APN1112730000003

Lot Number3

SubdivisionSpring Shadows

Land UseResidential

Legal DescriptionLT 3 BLK W56 SPRING SHADOWS SEC 19

Census Tract521900

Assessed Land Value$262,720

Assessed Improvement Value$544,551

Assessment Year2025

About this property

Welcome to this beautiful two-story home located in the sought after Spring Shadows community. This community is constantly patrolled and monitored by the constable. As you walk in, you are greeted by tile wood floors and high vaulted ceilings! This house has a gourmet kitchen, double oven, warming drawer, custom made rod iron stair railing, plantation shutters, and soft Berber carpet! This house was built well with good bones! All the windows have been replaced with Double pane windows, excellent for energy efficiency! Can't leave out all the custom-built plantation shutters! The roof was replaced less than a year ago! You have a private courtyard next to the primary bedroom, an abundant storage space, and the detached garage was converted into a gym/study/office area. You are minutes away from the Beltway 8, I10, Memorial City Mall, HEB, and the new Aldi Grocery store!

Investor Tools

$807,271

Estimated Property Value

$302,116Estimated Mortgage Balance

$505,155Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,844 /month

Positive

Cash Flow Estimate:

$1,615 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$872/month

$306/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,428

$807,271

2025

$262,720

$544,551

$807,271

Tax History

Year

Tax Paid

Assessed Value

2024

$6,428

$807,271

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Llc

Conventional

$338,000

First

Nov 19, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$302,116

$505,155

62%

37%

$2,027/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$2,333/mo

$-53/mo

3.4%

Learn About the Market: Opportunity in Houston

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