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$345,000

NAL Estimated Property Value

803 Knotty Elmwood Trl, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,871 Sq Ft
price_per_sqft$181.19 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringLaminate, Tile

Exterior

Lot Size9,509 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1166590030014
Lot Number14
SubdivisionBay Knoll
Land UseResidential
Legal DescriptionLT 14 BLK 3 BAY KNOLL SEC 1
Census Tract340800
Assessed Land Value$69,308
Assessed Improvement Value$255,692
Assessment Year2025

About this property

Roof updated 9/2024 with Malarkey 40-year roof with Vista class 4 shingles. Welcome to this expansive single-story home, on an oversized lot in a charming community. Inside, find a thoughtfully designed space perfect to entertain or unwind. Enjoy low-maintenance laminate floors, built-in bar, multiple living/dining areas, crown molding, lofty ceilings & abundant natural light. The inviting living room features a cozy fireplace, flowing seamlessly into the bar & formal dining area. The open kitchen, ideal for meal prep, offers ample storage & charming breakfast nook, w/ an adjacent den/family room. The large owner's suite includes a lovely en-suite bath w/ double sinks, soaking tub, updated frameless shower & walk-in closet. 2 more well-sized bedrooms share another full bath. The private backyard is a true oasis w/ an oversized patio & plenty of yard space, all fully fenced for added privacy. This move-in-ready home is a must see!

Investor Tools

Property Icon
$345,000
Estimated Property Value
$255,138Estimated Mortgage Balance
$89,862Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,240
$325,000
2025
$69,308
$255,692
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,240
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J S C Federal Credit Union
Conventional
$260,000
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,138
$81,862
24%
74%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,959/mo
$-237/mo
6.0%

City: Houston