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$750,000

602 Anchorage Lane, Houston, TX, 77079

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.82 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Microwave, Gas Range, Dishwasher, Cooktop
FlooringTile, Wood

Exterior

Lot Size8,364 sqft

Building Information

Year Built1980
Stories2
Garage Spaces3

Land Information

APN1130780000010
Lot Number10
SubdivisionBarkers Landing
Land UseResidential
Legal DescriptionLT 10 BLK 3 BARKERS LANDING SEC 2
Census Tract450500
Assessed Land Value$147,432
Assessed Improvement Value$393,642
Assessment Year2025

About this property

Welcome home to this beautifully updated property where modern style meets everyday comfort. Thoughtfully renovated throughout, this home features a long list of recent improvements including updated windows, roof,PEX, HVAC, flooring, lighting, cabinetry & a stunning chef-inspired kitchen designed for both functionality and entertaining. The kitchen showcases professional-grade stainless steel appliances, abundant cabinet space, and stylish finishes that make it the heart of the home. The spacious living areas flow seamlessly into generously sized bedrooms, each offering large walk-in closets for exceptional storage. Natural light fills the home, highlighting the quality and craftsmanship and contemporary updates throughout. Step outside to enjoy the expansive backyard, providing plenty of room for gatherings, or future enhancements. 24/7 Security patrol, tennis/pickleball courts, community pool, PRIME location to restaurants, shopping, and schools are what sets this apart from others.

Investor Tools

$557,522Estimated Mortgage Balance
$90,478Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Kristy Stone

C.R.Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,062/month
$1,495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,505
$541,074
2025
$147,432
$393,642
$541,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,505
$541,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$585,000
No
First
Nov 10, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$557,522
$90,478
13%
86%
$3,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$5,003/mo
$-2,273/mo
5.1%

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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602 Anchorage Lane | Property Details | No Agent List