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$5,750

3508 Bridgewater Oaks Ln, Houston, TX, 77055

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.16 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,847 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1393420020002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 2 SOMERSET GREEN SEC 7
Census Tract510902
Assessed Land Value$203,280
Assessed Improvement Value$563,620
Assessment Year2025

About this property

Welcome to this upgraded and luxurious home in Somerset Green with all of the upscale features! All hardwoods throughout with soft modern custom lighting in every room. First floor is a secondary bedroom with an ensuite bathroom. Second floor is an open-concept floorpan with an incredible island kitchen, double wall-mounted ovens and microwave, ample cabinet storage, custom vent hood & all stainless steel appliances. Third floor features another secondary bedroom along w/ your primary suite with a Texas-sized walk-in shower, dual vanities, and a wall-to-wall mirror. Backyard is zero-maintenance. Fridge, washer, dryer included. Somerset Green is an award-winning European-style gated/guarded community located inside the 610 Loop at I-10, in close proximity to Memorial Park. Walkable streetscapes, water canals, a playground, pocket parks, dog parks & a resort-style swimming pool. This incredible home is move-in ready. Showings begin 9/21. Move-in ready thereafter. 1 year or longer only.

Investor Tools

$362,727Estimated Mortgage Balance
$420,920Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month

Interested in this property?

Cyndi Kornegay

Gatehouse Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,183
$766,900
2025
$203,280
$563,620
$766,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,183
$766,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmc Home Lending
Conventional
$405,000
No
First
Dec 15, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,727
$404,173
52%
47%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,929/mo
$-3,207/mo
2.6%

City: Houston

3508 Bridgewater Oaks Ln | Property Details | No Agent List