Last 24 Hours
$1,919,000
NAL Estimated Property Value315 Royale Heights Ln, Houston, TX, 77024
Off Market
2 Beds
4 Bath
3,817 Sq Ft
Single Family Residence
$398.22 / sqft
Built in 2016Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood
Exterior
Exterior FeaturesOutdoor Kitchen
Lot Size4,151 sqft
Building Information
Year Built2016
Garage Spaces2
Land Information
APN1359420030039
Lot Number39
Land UseResidential
Legal DescriptionLT 39 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$661,125
Assessed Improvement Value$1,092,075
Assessment Year2025
About this property
Gorgeous 3-story custom patio home by Pelican Builders, Inc. Located in Memorial Green, a gated community of beautifully designed, luxury urban homes located in the heart of Memorial! Beautiful exterior elevation, high ceilings, hardwoods throughout, custom finishes, 2/3 bedrooms and 3.5 baths. Second-floor living with well-appointed island kitchen featuring Sub-Zero & Wolf appliances, spacious living area with fireplace. Third-floor primary bedroom with oversized walk-in closet & bath. Summer kitchen + central vacuum system. Washer & Dryer included. Numerous upgrades and installed elevator. Ready to move in immediately! SBISD schools (Frostwood, Memorial Middle, Memorial HS).
Investor Tools
$1,919,000
Estimated Property Value
$962,501Estimated Mortgage Balance
$956,499Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,514 /month
Positive
Cash Flow Estimate:
$3,838 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,864/month
$4,200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,768
$1,753,200
2025
$661,125
$1,092,075
$1,753,200
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,768
$1,753,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Credit Line (Revolving) / Heloc
$999,999
No
First
Apr 3, 2024
Apr 2064
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$962,501
$997,499
50%
50%
$5,996/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$10,196/mo
$-7,676/mo
1.6%
12.4%