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$305,000

8502 Parapet Pl, Rosharon, TX, 77583

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,314 Sq Ft
price_per_sqft$131.81 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,150 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7138-01-001-0450-907
Lot Number45
SubdivisionSouthern Colony Sec 1
Land UseResidential
Legal DescriptionSOUTHERN COLONY SEC 1, BLOCK 1, LOT 45
Census Tract674506
Assessed Land Value$75,348
Assessed Improvement Value$212,411
Assessment Year2025

About this property

Welcome to this gorgeous 4-bedroom and 2-bath home with a huge front porch cover! This 1 story, high ceiling and open concept positioned on a spacious cul-de-sac lot and no rear neighbors offers: home office that can also be used as an extra living space such as a playroom or guest bedroom, formal dining room, bright living area, an island kitchen offers abundant cabinets and storage, granite countertops has lots of prep space, and a breakfast nook. Enjoy a spacious primary suite with an en-suite bathroom featuring dual sinks, a walk-in shower, a tub, and a big walk-in closet. This home comes equipped with a solar panel installed to crush summer electric bills, a solar battery, a water softener system, and a tankless water heater—plus multiple updates: a new roof, sinks, faucets and hardware, fence and gate, and many more! Amenities include a playground, a splash pad, and a park area—excellent location off of FM-521, easy access to Highway 6, TX-288, and Fort Bend Parkway.

Investor Tools

$113,329Estimated Mortgage Balance
$191,671Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

Interested in this property?

Stacey Mai-Gardner

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,539
$287,759
2025
$75,348
$212,411
$287,759
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,539
$287,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu
Stand Alone First / Home Equity First Lien
$136,650
No
First
Mar 5, 2018
Apr 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,329
$191,671
62%
37%
$820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,370/mo
+$856/mo
8.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rosharon

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8502 Parapet Pl | Property Details | No Agent List