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$440,000

NAL Estimated Property Value

6315 Chelsea Falls Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,422 Sq Ft
price_per_sqft$305.7 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Wood

Exterior

Lot Size1,494 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1416930020007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 2 PALISADES PARK SEC 3
Census Tract510902
Assessed Land Value$111,975
Assessed Improvement Value$312,747
Assessment Year2025

About this property

A masterfully designed 2 level residence with close proximity to the city’s most desired dining, shopping, with walkability to renown parks, access to Pickleball/Tennis Courts, green fields & playgrounds all in minutes. Under construction by coveted building firm, City Choice Homes in one of Houston’s most desirable neighborhoods- Timbergove. The well appointed home offers a flexible 3 bedroom & 2.5 baths created to maximize height, light & space. First floor contains 2 spacious guest bedrooms w hardwoods, a full bath & utility. Ascend to the second level to find an airy Great Room w 11’ ceilings, an island kitchen garnished w top tier appliances & a window lined dining area. The owners suite accommodates an oversized walk-in closet with built-ins, coffered ceiling to 12’ & a Primary bath consisting of a freestanding soaking tub, frameless glass shower, dual vanities clad in quartz atop Shaker style cabinetry all complimented by select plumbing fixtures. Completion: end of April 2023!

Investor Tools

Property Icon
$440,000
Estimated Property Value
$358,151Estimated Mortgage Balance
$81,849Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$1,110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,361
$424,722
2025
$111,975
$312,747
$424,722
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,361
$424,722

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$379,000
No
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,151
$86,849
19%
81%
$2,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,383/mo
$-1,153/mo
6.1%

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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6315 Chelsea Falls Ln | Property Details | No Agent List