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$329,900

NAL Estimated Property Value

414 Forest Lake Dr, Taylor Lake Village, TX, 77586

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,330 Sq Ft
price_per_sqft$141.59 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size10,062 sqft

Building Information

Year Built1968
Stories2
Garage Spaces2

Land Information

APN0990170000017
Lot Number17
SubdivisionClear Lake Forest
Land UseResidential
Legal DescriptionLT 17 BLK 1 CLEAR LAKE FOREST SEC 1
Census Tract341400
Assessed Land Value$82,984
Assessed Improvement Value$246,916
Assessment Year2025

About this property

414 Forest Lake Dr. is a 4 B/R ,2.5 bath home located in well established Clear Lake Forest. Meticulously maintained by the original owner. Features include: formal living & dining, family room w/ corner F/P, breakfast room w/"bay" style window, indoor laundry, primary B/R down w/W/I closet & en-suite bath w/tub/shower combo. 3 B/R's, full bath 2, & open "study" up. Cedar lined closets. Wood and tile flooring thru-out. Custom lighting. Kitchen has Jenn-Aire cooktop, convection oven, compactor, breakfast/serving bar w/ bar sink, U/C lighting, reach-in pantry & custom tile backsplash. Other features: Custom mirrored walls, updated windows, recent PEX re-plumb, lifetime metal roof, cement board siding, covered screened patio, water softener, whole house generator, recent fence, gated drive, custom paver stone drive & walkway. No back neighbor. 2 blocks to community park & pool. Community boat launch. Walking distance to C.C.I.S.D's Robinson Elementary. Minutes to NASA's JSC & Clear Lake.

Investor Tools

Property Icon
$329,900
Estimated Property Value
$314,289Estimated Mortgage Balance
$15,611Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$671
$329,900
2025
$82,984
$246,916
$329,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$671
$329,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$323,924
Yes
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,289
$15,611
4%
95%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,243/mo
+$177/mo
8.8%

City: Taylor Lake Village

414 Forest Lake Dr | Property Details | No Agent List