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$287,000

NAL Estimated Property Value

6307 Lipps Ln, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.23 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,811 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1184290010010
Lot Number10
SubdivisionConcord Bridge North
Land UseResidential
Legal DescriptionLT 10 BLK 1 CONCORD BRIDGE NORTH SEC 2
Census Tract540700
Assessed Land Value$56,861
Assessed Improvement Value$211,973
Assessment Year2025

About this property

NEVER FLOODED per sellers!!! This stunning 1-story home in Concord Bridge North offers the perfect blend of style, comfort, and location. Featuring 3 spacious bedrooms, 2 baths, and a 2-car garage, this home sits quietly on a cul-de-sac and shows pride of ownership throughout. The chef’s island kitchen impresses with granite counters, stainless steel appliances, elegant pendant lighting, and a custom glass pantry door. Enjoy natural light and charm in the breakfast nook with built-in window seat. The formal dining room includes crown molding, a chair rail, and another cozy window seat. NO CARPET—only beautiful tile and laminate floors throughout. The primary suite features granite counters, double sinks, updated fixtures, a garden tub, a separate shower, and a large walk-in closet. Roof was replaced in 2020, A/C in 2018, fence in 2017. Zoned to acclaimed Cy-Fair schools and just minutes from shopping, dining, and more—this home truly has it all!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$192,153Estimated Mortgage Balance
$94,847Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,153
$268,834
2025
$56,861
$211,973
$268,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,153
$268,834

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$195,300
No
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,153
$93,847
32%
67%
$1,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$1,651/mo
+$599/mo
9.4%

City: Houston

6307 Lipps Ln | Property Details | No Agent List