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B+
NoAgentList RatingHow are grades calculated? Info

$408,000

3623 Fallen Palms Ct, Houston, TX, 77042

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringWood

Exterior

Lot Size3,341 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1228660010013
Lot Number13
SubdivisionRoyal Palms Amend
Land UseResidential
Legal DescriptionLT 13 BLK 1 ROYAL PALMS SEC 3 AMEND
Census Tract452202
Assessed Land Value$59,841
Assessed Improvement Value$286,961
Assessment Year2025

About this property

Location, location, Location. This well-maintained home has 5 bedrooms and 3.5 baths and conveniently located at West Park Dr and Beltway 8, also easy access to West Park Toll and minutes away to I-10. First floor has a living room, breakfast area, kitchen and formal dining room that can easily turn into a study/ library room. The 2nd floor has 4 bedrooms and a family room, the 3rd floor has a game room and a good size of a bedroom. Plenty of eateries and groceries stores like Whole Food, Trader Joe, Phoenicia...around this quiet neighborhood. Brand new kitchen sink, disposal, dishwasher, stove & oven. REFRIGERATOR, WASHER, DRYER, WATER FILTER and WATER SOFTENER are included. This home is ready for immediate move in, and won’t last, COME to see it today!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$0Estimated Mortgage Balance
$408,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,401
$346,802
2025
$59,841
$286,961
$346,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,401
$346,802

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$434,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
7.2%

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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3623 Fallen Palms Ct | Property Details | No Agent List