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$2,600

3614 Burning Palms Ct, Houston, TX, 77042

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size3,642 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1228650010017
Lot Number17
SubdivisionRoyal Palms
Land UseResidential
Legal DescriptionLT 17 BLK 1 ROYAL PALMS SEC 2
Census Tract452202
Assessed Land Value$62,568
Assessed Improvement Value$225,285
Assessment Year2025

About this property

Beautiful 2-Story Home for Lease in a Prime Houston Location! This well-maintained 3-bedroom, 2.5-bathroom home offers the perfect blend of comfort, style, and convenience. Travertine flooring throughout the first floor and beautiful wood flooring throughout the second floor—no carpet anywhere in the home! Enjoy year-round comfort with a dual-zone A/C system and a Nest smart thermostat. The spacious kitchen offers abundant cabinet space and comes fully equipped with a refrigerator, washer, and dryer, making this home truly move-in ready. Additional features include a 2-car attached garage, generous storage, and a functional floor plan ideal for everyday living. Conveniently located just minutes from Beltway 8 and the Westpark Tollway, with easy access to CityCentre (15 minutes), the Energy Corridor (20 minutes), The Galleria (20 minutes), and Chinatown (10 minutes). Don't miss this opportunity to lease a beautifully maintained home in one of Houston's most convenient locations!

Investor Tools

$266,090Estimated Mortgage Balance
$86,404Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

Interested in this property?

Mai Le

CB&A, Realtors-Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,364
$287,853
2025
$62,568
$225,285
$287,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,364
$287,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$289,750
No
First
Jan 28, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,090
$141,910
34%
76%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,738/mo
+$142/mo
6.4%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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3614 Burning Palms Ct | Property Details | No Agent List