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$372,000

NAL Estimated Property Value

6602 Redberry Glen Ln, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,276 Sq Ft
price_per_sqft$161.69 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringBamboo, Tile

Exterior

Lot Size8,185 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1226280020007
Lot Number7
SubdivisionVillages At Lakepointe
Land UseResidential
Legal DescriptionLT 7 BLK 2 VILLAGES AT LAKEPOINTE SEC 6
Census Tract540102
Assessed Land Value$72,349
Assessed Improvement Value$274,185
Assessment Year2025

About this property

*Highest and best offer deadline is Wednesday, 11/22/23, at noon.* Move-in ready single-story backing to greenspace in Villages of Lakepointe! Open concept plan with archway details, warm bamboo flooring & tile throughout (no carpet anywhere!) Private Study/Flex Room w/French doors. Formal Dining w/modern chandelier & millwork detail opens to a spacious island Kitchen w/sleek black granite countertops & stainless steel appliances (refrigerator included). Sunny breakfast area with covered patio & backyard access. Large windows along the back of the Living Room provide a picture-perfect view of the backyard while a fireplace offers warmth on cooler nights. Light-filled Primary Retreat with vaulted ceiling and generous walk-in closet, Ensuite w/dual vanities, jetted tub & separate shower. Spacious secondary bedrooms with walk-in closets. Outside is a private backyard with a covered patio. Recent Roof, Nest thermostats and smoke detectors, security cameras are included.

Investor Tools

Property Icon
$372,000
Estimated Property Value
$289,157Estimated Mortgage Balance
$82,843Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$1,008/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,299
$346,534
2025
$72,349
$274,185
$346,534
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,299
$346,534

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$302,400
No
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,157
$82,843
22%
78%
$1,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$2,822/mo
$-572/mo
7.3%

City: Houston

6602 Redberry Glen Ln | Property Details | No Agent List