$243,269
NAL Estimated Property Value3015 Right Way, Houston, TX, 77339
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl
Exterior
Lot Size6,599 sqft
Building Information
Year Built2017
Garage Spaces2
Land Information
APN1228390010008
Lot Number8
SubdivisionNorth Kingwood Forest
Land UseResidential
Legal DescriptionLT 8 BLK 1 NORTH KINGWOOD FOREST
Census Tract251401
Assessed Land Value$63,300
Assessed Improvement Value$179,969
Assessment Year2025
About this property
This beautifully maintained home in North Kingwood Forest features easy to clean vinyl plank flooring throughout, an oversized driveway, a spacious backyard with no back neighbors and a covered patio. Residents enjoy easy greenbelt access through nearby Elm Grove and are zoned to sought-after Kingwood schools.
Investor Tools
$243,269
Estimated Property Value
$114,405Estimated Mortgage Balance
$128,864Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,460 /month
Positive
Cash Flow Estimate:
$487 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,435
$243,269
2025
$63,300
$179,969
$243,269
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,435
$243,269
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ifreedom Direct Corp
Conventional
$140,000
No
First
Jul 18, 2017
Aug 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,405
$128,864
52%
47%
$840/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$840/mo
+$1,230/mo
10.2%
