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$304,960

NAL Estimated Property Value

305 Lochnell Dr, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,591 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.65 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,309 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1130040000060
Lot Number60
SubdivisionMeadowgreen
Land UseResidential
Legal DescriptionLT 60 BLK 10 MEADOWGREEN SEC 2
Census Tract340702
Assessed Land Value$62,084
Assessed Improvement Value$242,876
Assessment Year2025

About this property

Super clean 3/2.5/2 home in established neighborhood in Clear Lake. Zoned to popular Clear Creek ISD, this home has many updates throughout: kitchen (2017); bathrooms (2020). All of the windows and sliding glass door were replaced in 2017 to offer beauty and energy savings. Flooring is wood-looking laminate. Recessed lighting, updated baseboards adorn this wonderful home. All bedrooms are up with lots of space in each one. Beautifully landscaped, this home is ready for its new family!

Investor Tools

Property Icon
$304,960
Estimated Property Value
$227,256Estimated Mortgage Balance
$77,704Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
$62/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,386
$304,960
2025
$62,084
$242,876
$304,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,386
$304,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$218,250
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,256
$77,704
25%
75%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,572/mo
+$150/mo
6.8%

City: Houston

305 Lochnell Dr | Property Details | No Agent List