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B+

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Owner Contacts

$468,000

3631 Fallen Palms Ct, Houston, TX, 77042

Off Market

4 Beds

4 Bath

3,112 Sq Ft

Single Family Residence

$154.08 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Cooktop

Exterior

Lot Size6,364 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1228660010015

Lot Number15

SubdivisionRoyal Palms Amend

Land UseResidential

Legal DescriptionLT 15 BLK 1 ROYAL PALMS SEC 3 AMEND

Census Tract452202

Assessed Land Value$87,057

Assessed Improvement Value$355,609

Assessment Year2025

About this property

Welcome home to the wonderful Royal Palms community! This home conveniently located at West Park Dr and Beltway 8, also easy access to West Park Toll and minutes away to I-10. This 3 story corner lot home features 4 bedrooms, 3 and a half bathrooms. Open spaces living room is connected to formal dining and family room. The open space with natural lights from LOTS OF WINDOWS and cathedral ceiling family room with gas log fireplace is a PLUS!! All bedrooms are located upstairs with a walk-in closet. Large primary bedroom with en-suite bathroom and 2 walk-in closets. The third floor is a guest- suite with a big walk-in closet and a full bathroom. A/C unit replaced 2014 and 2016, fence replaced 2017, roof replaced 2022. Brand new carpet, and counter top replaced with quartz for bathrooms. Home has never flooded. Make your appointment today!

Investor Tools

$468,000

Estimated Property Value

$0Estimated Mortgage Balance

$468,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,877 /month

Positive

Cash Flow Estimate:

$959 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$552/month

$900/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,284

$442,666

2025

$87,057

$355,609

$442,666

Tax History

Year

Tax Paid

Assessed Value

2024

$4,284

$442,666

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$509,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

$900/mo

+$1,540/mo

6.3%

Learn About the Market: Opportunity in Houston

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