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$247,000

NAL Estimated Property Value

506 Penwood Ct, Stafford, TX, 77477

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.68 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size7,630 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2775-00-008-0570-907
Lot Number57
SubdivisionDove Country R/P
Land UseResidential
Legal DescriptionR/P DOVE COUNTRY, BLOCK 8, LOT 57
Census Tract671300
Assessed Land Value$34,450
Assessed Improvement Value$178,846
Assessment Year2025

About this property

This recently updated home offers modern style and comfort throughout. The first floor features a spacious family room with a vaulted ceiling, a formal dining room, and a bright kitchen with granite countertops and stainless steel appliances. Upstairs, the primary suite includes a large bedroom with a private bath, along with two secondary bedrooms and a full bathroom. Enjoy abundant natural light from the many windows, plus upgrades including a new roof, fresh interior paint, premium wood-look vinyl flooring throughout (no carpet), new ceiling fans and light fixtures, and brand-new stainless steel kitchen appliances. The large, pool-size backyard provides plenty of outdoor potential, all tucked away in a peaceful cul-de-sac. Conveniently located near I-69, US-90A, and Hwy 6, with an easy commute to the Galleria, Downtown, and the Medical Center. Close to shopping, dining, and entertainment. Low taxes and HOA!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$235,411Estimated Mortgage Balance
$11,589Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,948
$213,296
2025
$34,450
$178,846
$213,296
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,948
$213,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$237,481
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,411
$16,589
6%
95%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,644/mo
+$426/mo
10.1%

City: Stafford

506 Penwood Ct | Property Details | No Agent List