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$255,000

427 Laurel Timbers Dr, Houston, TX, 77339

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.05 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,249 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1230720020014
Lot Number14
SubdivisionLakewood Cove
Land UseResidential
Legal DescriptionLT 14 BLK 2 LAKEWOOD COVE SEC 2
Census Tract251100
Assessed Land Value$60,300
Assessed Improvement Value$171,306
Assessment Year2025

About this property

Welcome home to this inviting two-story in the heart of Kingwood featuring 3 bedrooms upstairs, 2.5 baths, a comfortable layout with open-concept living and dining area in the front, and a large casual living area with tons of natural light at the back of the home. This home provides generous space for everyday living. Enjoy a newly fenced back yard providing ample room and privacy. Conveniently located close to I-59 for easy commute and close to scenic walking trails, this is a prime opportunity to enjoy everything Kingwood has to offer. A wonderful place to call home!

Investor Tools

$150,706Estimated Mortgage Balance
$88,294Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Wanda Simons

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,341
$231,606
2025
$60,300
$171,306
$231,606
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,341
$231,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$167,935
Yes
First
Apr 9, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,706
$88,294
36%
63%
$1,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,357/mo
+$713/mo
10.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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427 Laurel Timbers Dr | Property Details | No Agent List