7view

Owner Contacts

$420,000

NAL Estimated Property Value

3602 Burning Palms Ct, Houston, TX, 77042

Off Market

3 Beds

4 Bath

2,589 Sq Ft

$142.87 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,360 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1228650010014

Lot Number14

SubdivisionRoyal Palms

Land UseResidential

Legal DescriptionLT 14 BLK 1 ROYAL PALMS SEC 2

Census Tract452202

Assessed Land Value$69,039

Assessed Improvement Value$276,032

Assessment Year2025

About this property

Location, Space, Price - This home has it all !! Low Taxes and Low HOA !! Priced to Sell in the Heart of West Chase !! 3-4 BEDROOMS, 3 1/2 BATHS. TWO-STORY ENTRY with high ceiling. Less than 2 minutes to Beltway 8,West Park Tollway. Very close to shopping, dining and the offices at West Chase. Tonnes of updates - Fresh paint throughout, water heater- 2023,- AC - 2018, Brand new carpet, new microwave, updated light fixtures, Kitchen with Granite countertops and updated cabinets, Fans in every room, new garage door openers, new garbage disposal, Epoxy Painted Garage. Spacious family room with fireplace. Formal dining room and roomy kitchen opens to breakfast room. Impressive second floor owner's retreat with bay window and huge walk-in closet. Second floor has Game room, 3 Bedrooms , 2 Baths. Third floor has a huge Room with full bath and closet which can be used a Home Office, a 2nd Master Bedroom or even can be divided into 2 rooms - a 2nd Master Bedroom and an Office.

Investor Tools

$420,000

Estimated Property Value

$313,127Estimated Mortgage Balance

$106,873Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,520 /month

Positive

Cash Flow Estimate:

$840 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$531/month

$800/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,266

$345,071

2025

$69,039

$276,032

$345,071

Tax History

Year

Tax Paid

Assessed Value

2024

$4,266

$345,071

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Pacific Mortgage Corp

Conventional

$332,500

First

Mar 28, 2023

Apr 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$313,127

$120,873

27%

75%

$1,994/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

$2,794/mo

$-354/mo

7.0%

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