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Owner Contacts

$262,078

4302 Trail Lake Dr, Houston, TX, 77045

Off Market

3 Beds

2 Bath

1,341 Sq Ft

Single Family Residence

$186.35 / sqft

Built in 1961

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Dishwasher

FlooringVinyl

Exterior

Lot Size7,649 sqft

Building Information

Year Built1961

Stories1

Garage Spaces2

Land Information

APN0861210000015

Lot Number15

SubdivisionPamela Heights

Land UseResidential

Legal DescriptionLT 15 BLK 4 PAMELA HEIGHTS SEC 1

Census Tract334102

Assessed Land Value$62,240

Assessed Improvement Value$199,838

Assessment Year2025

About this property

Welcome to your beautifully remodeled home at 4302 Trail Lake Dr. This property is modern living at its finest! Featuring a brand new roof with ProLam shingles, fully repaired foundation with lifetime warranty, new energy efficient HVAC system & ducts ensuring peace of mind for years to come. Stepping into the home, you'll notice luxury vinyl plank all throughout with sleek finishes. The kitchen is a showstopper, featuring quartz countertops, farmhouse sink, custom cabinetry, AND brand new stainless steel appliances making it perfect for cooking and entertaining. All bathrooms are completely updated with modern finishes. As far as location goes, what more can you ask for? This home is conveniently located near multiple major highways such as I-610, Hwy 90, and Hwy 288. Schedule a tour today and let's get you home before the holidays! Disclosure: agent is part owner. Home is a 3 bedroom and 1.5 bath.

Investor Tools

$262,078

Estimated Property Value

$200,000Estimated Mortgage Balance

$66,805Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,572 /month

Positive

Cash Flow Estimate:

$524 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$434/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,899

$262,078

2025

$62,240

$199,838

$262,078

Tax History

Year

Tax Paid

Assessed Value

2024

$3,899

$262,078

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nehme Real Estate Inc

Purchase Money Mortgage

$200,000

First

Jan 10, 2025

Feb 2030

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$195,273

$66,805

25%

75%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,200/mo

+$522/mo

7.9%

Learn About the Market: Opportunity in Houston

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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.

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