B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$289,000

NAL Estimated Property Value

403 Mystic Glen Loop, Houston, TX, 77339

Off Market

3 Beds

3 Bath

2,424 Sq Ft

Single Family Residence

$0.99 / sqft

Built in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size6,203 sqft

Building Information

Year Built2004

Garage Spaces2

Land Information

APN1228420060020

Lot Number20

SubdivisionLakewood Cove

Land UseResidential

Legal DescriptionLT 20 BLK 6 VIENNA WOODS SEC 1 R/P LAKEWOOD COVE SEC 1

Census Tract251100

Assessed Land Value$61,444

Assessed Improvement Value$208,477

Assessment Year2025

About this property

THIS IS NOT YOUR ORDINARY LEASE..THIS HOME HAS BEEN UPDATED FROM TOP TO BOTTOM WITH IMPECABLE TASTE. The landlords main concern is your comfort and safety. Whole house Generac generator for assurance you will always have power in any situation. 24 hr ADT security monitoring is included in the rent. You can monitor & control the device from your phone. High speed internet and lawn maintenance is also included in this lease. Sit back and relax while enjoying the brand new kitchen (fridge included). All fresh paint, new carpet upstairs, wood look tile throughout downstairs, all bath room fixtures (including commode) are new. Crystal lighting fixtures and ceiling fans make an elegant statement throughout the home. Fireplace surround ties in the beautiful kitchen quartz counter tops. Easiest location in Kingwood to get to 59. RARELY ANY TRAFFIC AND NO REDLIGHTS GETTING OUT OF KINGWOOD!

Investor Tools

$289,000

Estimated Property Value

$185,570Estimated Mortgage Balance

$103,430Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,734 /month

Positive

Cash Flow Estimate:

$578 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$401/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,368

$269,921

2025

$61,444

$208,477

$269,921

Tax History

Year

Tax Paid

Assessed Value

2024

$3,368

$269,921

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$199,500

First

Aug 12, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$185,570

$99,430

34%

64%

$1,197/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,670/mo

$1,197/mo

+$1,473/mo

11.1%

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