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$409,235

NAL Estimated Property Value

6122 Summerville Ln, Houston, TX, 77041

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.8 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size9,892 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1165440050003
Lot Number3
SubdivisionConcord Bridge
Land UseResidential
Legal DescriptionLT 3 BLK 5 CONCORD BRIDGE SEC 6
Census Tract540700
Assessed Land Value$60,698
Assessed Improvement Value$348,537
Assessment Year2025

About this property

This beautiful home, located in the mature residential neighborhood of Concord Bridge, is convenient to 290, I-10, Beltway 8 and the Energy Corridor. A low tax rate adds to its appeal. Vaulted ceilings, an open floor plan and oversized windows provide spacious living with plenty of natural light. The kitchen features granite countertops, stainless-steel appliances, an oversized island and extra cabinet space. The spacious family room, complete with a lovely fireplace, extends seamlessly into an oversized media/game room, a rare gem in this neighborhood. A formal dining room completes the downstairs living space. The primary bedroom located on the second floor includes a jetted tub, double vanities, two spacious closets and an adjacent laundry room. The upstairs also has three additional bedrooms and a beautiful French study. A lighted pool, spa, waterfall and screened-in patio provide a year-round backyard oasis

Investor Tools

Property Icon
$409,235
Estimated Property Value
$242,129Estimated Mortgage Balance
$167,106Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,455 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,524
$409,235
2025
$60,698
$348,537
$409,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,524
$409,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Fha
$271,982
Yes
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,129
$167,106
40%
59%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$2,131/mo
+$779/mo
8.5%

City: Houston

6122 Summerville Ln | Property Details | No Agent List