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$428,880

NAL Estimated Property Value

5066 Morrison Dr, Iowa Colony, TX, 77578

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,992 Sq Ft
price_per_sqft$198.24 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size17,333 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6574-0481-036
Lot Number36
SubdivisionMeridiana Sec 48
Land UseResidential
Legal DescriptionMERIDIANA SEC 48 (A0203 & A0282) (MANVEL) BLK 1 LOT 36
Census Tract661800
Assessed Land Value$105,740
Assessed Improvement Value$323,140
Assessment Year2025

About this property

PERRY HOMES NEW CONSTRUCTION! Formal dining room set at entry. Open island kitchen offers walk-in pantry and generous counter space. Morning area is set adjacent to open family room with wall of windows. Primary suite includes primary bath with dual vanity, garden tub, separate glass-enclosed shower and walk-in closet. Secondary bedrooms include walk-in closets. Covered backyard patio. Two-car garage.

Investor Tools

Property Icon
$428,880
Estimated Property Value
$360,956Estimated Mortgage Balance
$67,924Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,573 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$964/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,428
$428,880
2025
$105,740
$323,140
$428,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,428
$428,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land-Home Financial Services
Fha
$382,626
Yes
First
Apr 5, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,956
$67,924
15%
84%
$2,295/mo

City: Iowa Colony

5066 Morrison Dr | Property Details | No Agent List