$397,000
NAL Estimated Property Value3117 Craftsman Pl, Houston, TX, 77080
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesWater Heater, Disposal, Convection Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size2,509 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN1400760020034
Lot Number34
SubdivisionPinecrest
Land UseResidential
Legal DescriptionLT 34 BLK 2 PINECREST SEC 3
Census Tract522001
Assessed Land Value$112,860
Assessed Improvement Value$281,232
Assessment Year2025
About this property
Brand NEW energy-efficient home ready June 2022! Come home to an open family room on the first floor. The island kitchen and dining area open to a covered patio. Upstairs is a luxurious primary suite, game room, and two additional bedrooms with walk-in closets. This master-planned community is a rare find in Spring Branch. Within the community you can enjoy trails, future recreation center with fitness room, outdoor pool, dog park and much more. The Patio Home Series features six two-story floorplans.
Investor Tools
$397,000
Estimated Property Value
$356,166Estimated Mortgage Balance
$40,834Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$995/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,608
$394,092
2025
$112,860
$281,232
$394,092
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,608
$394,092
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$382,902
No
First
Aug 30, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,166
$40,834
10%
90%
$2,296/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,291/mo
$-1,569/mo
5.2%
