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$420,000

4222 Lakeshore Forest Drive, Missouri City, TX, 77459

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.41 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size6,156 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4771-02-001-0070-907
Lot Number7
SubdivisionLakeshore Forest At Lake Olympia Sec 2
Land UseResidential
Legal DescriptionLAKESHORE FOREST AT LAKE OLYMPIA SEC 2, BLOCK 1, LOT 7
Census Tract670904
Assessed Land Value$65,000
Assessed Improvement Value$309,026
Assessment Year2025

About this property

Gorgeous 1 story in the gated community of Lakeshore Forest at Lake Olympia situated right on the lake! All hard surface, tile floors throughout the home, modern recessed lighting + fixtures installed, large open kitchen with granite countertops, bar seating + breakfast area. 2 living rooms with custom built in bookshelves + formal dining in center of the home. Primary bedroom is at the back of the home with a lakefront view. Double pane windows at back of home for added insulation. Two wood burning fireplaces in home- one in each living room. Brand new LG microwave and oven + custom built oak cabinetry in kitchen. Middle bedroom on floor plan is a flex room and would make a great office. 2 car attached garage with courtyard access located at the front of the home. Patio in back yard perfect for relaxing by the lake!

Investor Tools

$85,829Estimated Mortgage Balance
$288,197Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Patty Newton

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
$1,226/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,125
$374,026
2025
$65,000
$309,026
$374,026
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,125
$374,026

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$125,440
No
First
Jan 23, 2013
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,829
$288,197
77%
23%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,226/mo
+$1,354/mo
8.3%

City: Missouri City

4222 Lakeshore Forest Drive | Property Details | No Agent List