B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$382,000

NAL Estimated Property Value

3607 Fallen Palms Ct, Houston, TX, 77042

Off Market

3 Beds

2 Bath

1,938 Sq Ft

Single Family Residence

$180.55 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

FlooringCarpet, Laminate

Exterior

Lot Size4,670 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1228660010009

Lot Number9

SubdivisionRoyal Palms Amend

Land UseResidential

Legal DescriptionLT 9 BLK 1 ROYAL PALMS SEC 3 AMEND

Census Tract452202

Assessed Land Value$71,793

Assessed Improvement Value$259,441

Assessment Year2025

About this property

Welcome to your dream home nestled on a quiet cul-de-sac lot with no rear neighbors! The 2-story entry welcomes you w/warmth and style, and leads to the formal dining room, perfect for all your special occasions. Throughout most of the home you will find laminate wood flooring, crown molding & plantation shutters allowing you to control the natural light in each room. The family room features a stone surround gas-log fireplace & is open to the kitchen. Kitchen & breakfast feature granite counters, farm-style sink, raised breakfast bar & stainless steel appliances. Upstairs you will find a spacious game room great for entertainment or relaxation. The primary suite has an updated bath with a spa like feel featuring granite counters, jetted tub & separate shower. 2 secondary bedrooms & updated 2nd bath are also located upstairs. The extended back patio is a perfect place to sit & relax after a long day. Don't miss this opportunity to make this stunning home your own. Recent roof & A/C.

Investor Tools

$382,000

Estimated Property Value

$421,508Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,292 /month

Positive

Cash Flow Estimate:

$764 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$433/month

$821/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,285

$331,234

2025

$71,793

$259,441

$331,234

Tax History

Year

Tax Paid

Assessed Value

2024

$3,285

$331,234

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$212,923

First

Oct 30, 2025

Dec 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$421,508

N/A

110%

$2,554/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$3,375/mo

$-1,495/mo

5.9%

Learn About the Market: Opportunity in Houston

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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.

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