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$767,803

3602 Kensington Gardens Ln, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,399 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.29 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringWood

Exterior

Lot Size2,553 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1441450010008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 1 SOMERSET GREEN SEC 8
Census Tract510902
Assessed Land Value$280,940
Assessed Improvement Value$486,863
Assessment Year2025

About this property

Last 2 story First floor living Home will be finished 4/30/24!!!Home built by Riverway Homes. Come check out this 2 story First floor living home with a Texas sized living room open to a large dining and kitchen. Kitchen has a large Texas sized Island. Located in heart of Houston's Inner loop, with easy access to I10, 610 and 290. This residence offers 2399 sf of living space on 2 floors. Perfect for families. Patio sized lot offers green space and quaint covered courtyard-like area. Open Concept kitchen that looks over the dinning room and living room. Master bath is jaw dropping and huge master closet. We are just building 2 of these so get yours today. Still time to customize. Home pictured is previously built and selections will vary.

Investor Tools

Property Icon
$767,803
Estimated Property Value
$586,399Estimated Mortgage Balance
$202,478Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,607 /month
Positive
Cash Flow Estimate:
$1,536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,206/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,631
$767,803
2025
$280,940
$486,863
$767,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,631
$767,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Conventional
$586,399
No
First
May 30, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$565,325
$202,478
26%
74%
$3,516/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$6,016/mo
$-4,294/mo
2.7%

Learn About the Market: Opportunity in Houston

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Explore

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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3602 Kensington Gardens Ln | Property Details | No Agent List