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$1,341,000

NAL Estimated Property Value

3038 Alabama Ct, Houston, TX, 77027

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,273 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringCarpet, Stone, Wood

Exterior

Lot Size6,800 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1171030000001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 ALABAMA COURT PLACE
Census Tract411504
Assessed Land Value$446,250
Assessed Improvement Value$560,299
Assessment Year2025

About this property

EXCEPTIONAL LEASE OPPORTUNITY- Private and securely situated between Upper Kirby & Highland Village, this GATED home is found at the end of a secluded street and offers the utmost privacy, and yet only steps away from city amenities. Enjoy the luxury of this stunning and well-appointed home with 3 bedrooms and 2 1/2 baths – Remarkable entertainment areas! Brazilian cherry hardwood flooring. The chef’s kitchen has top tier appliances and serves a breakfast room and the adjoining sunken dining room that steps up to the expansive, naturally bright and soring living room. Has a distinctive primary suite, complete with his/her closets. Two separate areas for possible offices or media/game rooms- PERFECT FOR A WORK/LIVE/PLAY. Both Kitchen and upstairs wet bar sinks have purified water. The attached garage has epoxy flooring with a sink and storage along with a workshop space. Utility room with full size washer/dryer. Check out the video!

Investor Tools

Property Icon
$1,341,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,341,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,046 /month
Positive
Cash Flow Estimate:
$2,682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,039/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,761
$1,006,549
2025
$446,250
$560,299
$1,006,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,761
$1,006,549

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,925,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
2.3%

City: Houston

3038 Alabama Ct | Property Details | No Agent List