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$1,197,000

NAL Estimated Property Value

3602 Somerset York Ln, Houston, TX, 77055

$1,266,712 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.96 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,049 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1380460010011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 1 SOMERSET GREEN SEC 6
Census Tract510902
Assessed Land Value$251,708
Assessed Improvement Value$861,569
Assessment Year2025

About this property

An amenity-rich lifestyle awaits in the well-located Inner Loop manned-gated community. This stately Toll Brothers home is unique with a private drive, three-car garage, and backyard/covered patio. With skyline views, it sides to a park and overlooks crystal waters and lush landscape. An elevator accesses four fabulous floors of the smart home with Lutron lighting and full house audio. On the second floor, grand scale living with massive windows, motorized shades and soaring ceiling. A huge kitchen with high-end appliances, Benedettini cabinets with a working pantry, is seamless with lofty dining and great room. Beautiful entertaining continues to a third-floor game room with a wall of handsome built-ins and dry bar. A large third floor laundry room is convenient to two ensuite bedrooms with lavish walk-in closets. Fourth floor is dedicated to a stunning primary suite with on-trend marble bath, dream closet, wet bar, and balcony with space for entertaining or relaxation with a view!

Investor Tools

Property Icon
$1,197,000
Estimated Property Value
$687,343Estimated Mortgage Balance
$509,657Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,266,712
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,182 /month
Positive
Cash Flow Estimate:
$2,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,972/month
$2,625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,673
$1,113,277
2025
$251,708
$861,569
$1,113,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,673
$1,113,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$735,000
No
First
Nov 28, 2022
Dec 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$687,343
$462,657
40%
57%
$4,407/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,032/mo
$-4,806/mo
2.2%

Learn About the Market: Opportunity in Houston

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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 Somerset York Ln | Property Details | No Agent List