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$503,000

NAL Estimated Property Value

3118 Heritage Creek Ter, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,696 Sq Ft
price_per_sqft$170.25 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Wood

Exterior

Lot Size2,648 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1224940010012
Lot Number12
SubdivisionHeritage Creek
Land UseResidential
Legal DescriptionLT 12 BLK 1 HERITAGE CREEK
Census Tract511003
Assessed Land Value$183,750
Assessed Improvement Value$244,699
Assessment Year2025

About this property

Beautiful fully brick, 3 bed, 2.5 bath first-floor living home in a gated community. This amazing location is just a short distance to Jaycee Park, Sinclair Elementary and The Bike Trail. Fully renovated (2016) eat-in kitchen boasting a breakfast bar, great cabinet and counter space, stainless steel appliances including a gas range and overlooking the living area. Updated backyard (2016) with artificial turf, tiles and drainage. Spacious primary suite with updated en suite bath with separate vanities, bathtub, walk-in shower and oversized walk-in closets. Hardwood floors throughout with new carpet in the bedrooms (2023) and new paint throughout (2023.) Heritage Creek has guest parking inside the community as well as an additional parking lot just outside of the gates. HOA includes water, trash, grounds, and limited access gates. Come see this move-in ready home today!

Investor Tools

Property Icon
$503,000
Estimated Property Value
$567,438Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,912
$428,449
2025
$183,750
$244,699
$428,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,912
$428,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Unknown
$290,137
No
First
Feb 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$567,438
N/A
0%
113%
$3,480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,715/mo
$-1,485/mo
5.3%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3118 Heritage Creek Ter | Property Details | No Agent List