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$644,000

NAL Estimated Property Value

5603 Cohn Meadow Ln, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,760 Sq Ft
price_per_sqft$199.28 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,927 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1320720060042
Lot Number42
SubdivisionCottage Grove R/P & Par R/P
Land UseResidential
Legal DescriptionLT 42 BLK 1 COTTAGE GROVE SEC 8 R/P & PAR R/P
Census Tract510901
Assessed Land Value$176,443
Assessed Improvement Value$443,557
Assessment Year2025

About this property

Welcome to the newest gem on the market in Cottage Grove w/ first floor living & an enclosed top floor that can be a large 4th bedroom! 5603 Cohn Meadow features a sought-after floorplan in the boutique community of Lake Arabelle. This home is the first one on the left inside the gate. No neighbor to the east means warm morning sunlight enters all window & warms up your home. 1st floor is open-concept w/ the living area seamlessly opening up into your island kitchen & dining space. A wall of windows overlooking the backyard means ample natural light. Second floor features primary bedroom & 2 secondary bedrooms w/ shared bath. Third floor is an enclosed Texas-sized space w/ a full bath, walk-in closet & small office. This floor has its own door so it can be your private 4th bedroom/home gym/media/play room/guest suite. HOA roughly $200/month & covers: all water usage, private community pool, dog park, walking trail, front landscaping, gate, trash 2x a week, common areas. Welcome home.

Investor Tools

Property Icon
$644,000
Estimated Property Value
$442,938Estimated Mortgage Balance
$201,062Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,320
$620,000
2025
$176,443
$443,557
$620,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,320
$620,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$483,225
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,938
$177,062
28%
69%
$2,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$5,398/mo
$-2,818/mo
4.8%

City: Houston

5603 Cohn Meadow Ln | Property Details | No Agent List