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$1,844,000

NAL Estimated Property Value

407 Faust Ln, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8,398 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN0843220000014
Lot Number14
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 14 BLK 4 MEMORIAL BEND SEC 1
Census Tract430900
Assessed Land Value$546,000
Assessed Improvement Value$1,079,000
Assessment Year2025

About this property

There is still time to register your kids at Rummel creek elementary, Memorial middle or High! This Executive home features 4 bedrooms (master up),a game room, study and formal dining.The Grand Foyer features Travertine and wood inlay floors and a sweeping wrought iron staircase.The open concept kitchen(with island), breakfast and living room enable you to prepare meals while monitoring household activities.The stainless steel Thermador appliances and apron front hammered copper sink will inspire your inner chef.Entertain in the wet bar, under the covered patio and in the pool sized yard.Relax by the 2 fireplaces(living room/master) and enjoy dressing in the custom master walk in closet with island and built ins. Shopping and dining are a 5 min walk to City center and Town and country Plaza.Quick access to Katy freeway and the Beltway.Whether you work in the energy corridor, galleria or downtown you will spend less time commuting from this central location.

Investor Tools

Property Icon
$1,844,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,844,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,064 /month
Positive
Cash Flow Estimate:
$3,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,970/month
$444/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,417
$1,625,000
2025
$546,000
$1,079,000
$1,625,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,417
$1,625,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,862,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$444/mo
+$2,806/mo
2.1%

City: Houston

407 Faust Ln | Property Details | No Agent List