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Owner Contacts

$1,082,000

NAL Estimated Property Value

602 Blue Iris Trail, Houston, TX, 77079

Off Market

4 Beds

5 Bath

5,112 Sq Ft

Single Family Residence

$170.97 / sqft

Built in 2014

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Microwave, Dishwasher, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size3,851 sqft

Building Information

Year Built2014

Garage Spaces2

Land Information

APN1330650010006

Lot Number6

SubdivisionTalia Trails

Land UseResidential

Legal DescriptionLT 6 BLK 1 TALIA TRAILS

Census Tract450600

Assessed Land Value$220,530

Assessed Improvement Value$753,901

Assessment Year2025

About this property

Gorgeous home with four beds, four baths, and one-half bath with ELEVATOR in exclusive Memorial area GATED community of Talia Trails. Built by Partners In Building with A LOT OF UPGRADES and excellent condition. 5-STAR kitchen with ALL Viking Appliances, Built-In Refrigerator, 6 top Gas Stove with Griddle. The kitchen also boasts a massive island with upgraded 42” wood cabinets. Engineered wood floor throughout the house. The living room has a soaring ceiling, fireplace, and oversized windows for plenty of sunlight. The Master bedroom has a window sitting area, a luxury bathroom with jetted spa tub, and a rain shower. The house has a big media room and a spacious outdoor kitchen with beautiful landscaping for entertainment. The house was NEVER FLOODED and Zoned to coveted SBISD schools. COME AND SEE YOUR DREAM HOME TODAY!

Investor Tools

$1,082,000

Estimated Property Value

$753,805Estimated Mortgage Balance

$328,195Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,492 /month

Positive

Cash Flow Estimate:

$2,164 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,154/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,437

$974,431

2025

$220,530

$753,901

$974,431

Tax History

Year

Tax Paid

Assessed Value

2024

$8,437

$974,431

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

$807,500

Yes

First

Oct 20, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$753,805

$328,195

30%

70%

$4,842/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,730/mo

$4,842/mo

$-2,112/mo

3.0%

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