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Owner Contacts

$5,451,000

NAL Estimated Property Value

722 E Friar Tuck Ln, Houston, TX, 77024

$6,107,825 ARV

Off Market

6 Beds

9 Bath

9,320 Sq Ft

$589.59 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6

Bathrooms Full 6

Bathrooms Half 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Electric Oven, Gas Oven, Oven, Microwave, Gas Range, Indoor Grill, Dishwasher, Instant Hot Water, Dryer, Refrigerator

FlooringStone, Wood

Exterior

Private Pool

Lot Size30,056 sqft

Building Information

Year Built2016

Stories1

Garage Spaces4

Land Information

APN0720660000015

Lot Number15

SubdivisionSherwood Forest

Land UseResidential

Legal DescriptionLT 15 SHERWOOD FOREST SEC C

Census Tract430101

Assessed Land Value$2,254,200

Assessed Improvement Value$2,546,000

Assessment Year2025

About this property

The epitome of refined sophistication, this recent construction is a contemporary take on a stately French chateau on one of the premier streets in close-in Memorial & is replete w/ French imported limestone & aged oak hardwoods throughout. Inside, the library & formal dining flank the entry hall, as the wide gallery leads to the elegant family room. Mind-blowing kitchen features Segreto stone island, 19th century street lights from Barcelona, Lacanche range, walk-in pantry & breakfast room. Breathtaking master retreat on the first floor awaits w/ spa-like bath featuring luxurious tub, dual vanities & bedroom-sized closet. Upstairs, holds 5 secondaries w/ ensuite, sitting room, home theater & large game room. Enjoy indoor/outdoor living all year long w/ heated pool & spa, summer kitchen, multiple lounge areas & an expansive lush backyard. Amenities include complete Solar Electric System, Lutron Caseta, 8 Zone Sonos Audio, 4 car garage, elevator capability & 24/7 neighborhood security.

Investor Tools

$5,451,000

Estimated Property Value

$2,720,690Estimated Mortgage Balance

$2,730,310Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$6,107,824

Rent-to-Value Ratio: 0.72%

Rent Estimate

$32,970 /month

Positive

Cash Flow Estimate:

$10,990 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$6,100/month

$5,000/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$45,949

$4,800,200

2025

$2,254,200

$2,546,000

$4,800,200

Tax History

Year

Tax Paid

Assessed Value

2024

$45,949

$4,800,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$2,985,000

First

Sep 23, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$2,720,690

$3,252,310

54%

50%

$17,897/mo

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