$373,318
NAL Estimated Property Value3938 Fordham Park Ct, Houston, TX, 77058
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Wood
Exterior
Lot Size9,226 sqft
Building Information
Year Built1995
Garage Spaces2
Land Information
APN1181270010011
Lot Number11
SubdivisionUniversity Park
Land UseResidential
Legal DescriptionLT 11 BLK 1 AMENDED UNIVERSITY PARK PATIO HOMES 1
Census Tract340203
Assessed Land Value$80,955
Assessed Improvement Value$292,363
Assessment Year2025
About this property
University Park Patio Home. 1.5 Story, 3 Bedrooms with Bonus Upstairs Room, can be used for Game/Media/Exercise Room or as Secluded Office space. One of the many nice Extras is the Built-in-Desk in Breakfast area. Spacious Family Room exits to the Patio. Primary and Secondary Bedrooms are good size. Garage has Extended Bay one side for trucks/large cars. Maintenance Fee includes weekly Mowing and Edging front and side/back yards. Cul-de-sac, Popular Neighborhood, Make it your Home Sweet Home Today!
Investor Tools
$373,318
Estimated Property Value
$196,249Estimated Mortgage Balance
$177,069Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,240 /month
Positive
Cash Flow Estimate:
$747 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
$1,300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,998
$373,318
2025
$80,955
$292,363
$373,318
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,998
$373,318
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$220,000
No
First
Oct 26, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,249
$177,069
47%
53%
$1,320/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,620/mo
$-680/mo
6.2%
