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$407,000

NAL Estimated Property Value

3615 Fallen Palms Ct, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,534 Sq Ft
price_per_sqft$145.62 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size3,990 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1228660010011
Lot Number11
SubdivisionRoyal Palms Amend
Land UseResidential
Legal DescriptionLT 11 BLK 1 ROYAL PALMS SEC 3 AMEND
Census Tract452202
Assessed Land Value$65,700
Assessed Improvement Value$289,458
Assessment Year2025

About this property

Welcome home to 3615 Fallen Palms Court Houston, TX 77042 in the wonderful Royal Palms community! This stunning three story home features 3 bedrooms, 3 and a half bathrooms and a 2 car garage. Formal dining room just off of main entry way with tray ceiling and chair rail. Spacious living room with gas log fireplace! Kitchen features granite countertops, tile backsplash, walk-in pantry, lots of cabinet and countertop space. Large primary bedroom with en suite bathroom. Primary bathroom with double sinks, whirlpool tub, walk-in shower and walk-in closet. All bedrooms located upstairs. Spacious secondary bedrooms with lots of natural light. Game room on the third floor with full bathroom. Patio in backyard great for outdoor cooking and entertaining. Make your appointment today!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$253,882Estimated Mortgage Balance
$153,118Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
$821/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,394
$355,158
2025
$65,700
$289,458
$355,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,394
$355,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$262,500
No
First
Jul 12, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,882
$159,118
38%
62%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$2,395/mo
$-515/mo
5.5%

City: Houston

3615 Fallen Palms Ct | Property Details | No Agent List