$348,000
NAL Estimated Property Value3318 Echo Mountain Dr, Houston, TX, 77345
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
Exterior
Lot Size8,546 sqft
Building Information
Year Built1992
Garage Spaces2
Land Information
APN1173370070024
Lot Number24
SubdivisionMills Branch Village
Land UseResidential
Legal DescriptionLT 24 BLK 7 MILLS BRANCH VILLAGE SEC 4
Census Tract251401
Assessed Land Value$68,803
Assessed Improvement Value$245,798
Assessment Year2025
About this property
Welcome Home! This warm inviting home has so many updates that you can just move in and relax! Roof 2018, paint 2019, flooring 2019, primary bathroom 2022, fence 2020 make this home ready for your family! No back neighbors and access to the greenbelt through your back fence. Be sure to check out the surprise garden just outside the back gate! A short walk to the village pool and a lovely park! NO showings until Saturday 2/5 due to weather
Investor Tools
$348,000
Estimated Property Value
$284,591Estimated Mortgage Balance
$63,409Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$440/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,267
$314,601
2025
$68,803
$245,798
$314,601
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,267
$314,601
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$308,750
No
First
Mar 4, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,591
$76,409
21%
82%
$1,852/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,292/mo
+$838/mo
10.8%
