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$313,000

NAL Estimated Property Value

3818 Centerplaza Drive, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,060 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$292.45 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Dishwasher

Exterior

Lot Size1,664 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1266100020009
Lot Number9
SubdivisionPlaza At Center Amend
Land UseResidential
Legal DescriptionLT 9 BLK 2 PLAZA AT CENTER SEC 1 AMEND
Census Tract510601
Assessed Land Value$158,679
Assessed Improvement Value$129,697
Assessment Year2025

About this property

Nestled in the beautiful and highly desired community of Rice Military, this light and bright, well-maintained home offers an abundance of on-trend features with the added security of a gated community! This home welcomes you with hardwood floors, energy efficient windows, open concept living, high ceilings, gorgeous natural light and an open living concept that is perfect for entertaining! The kitchen overlooks the dining and living areas, and features granite countertops, stainless steel appliances and recently updated subway tile backsplash. The primary suite is complete with an ensuite bath that includes a dual vanity, walk-in closet and standalone shower. The secondary bedroom is on the first floor, creating a perfect balance of separation for privacy for family and guests. Enjoy the spacious backyard for coffee, lounging and barbecues. The outside A/C condenser was replaced in 2020, the water heater was replaced in 2021. Water and trash are included in the HOA. NEVER FLOODED!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$300,146Estimated Mortgage Balance
$12,854Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$1,424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,794
$288,376
2025
$158,679
$129,697
$288,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,794
$288,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$316,000
No
First
Aug 14, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,146
$12,854
4%
96%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,319/mo
$-1,359/mo
7.5%

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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3818 Centerplaza Drive | Property Details | No Agent List