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$275,417

NAL Estimated Property Value

8919 Melody Park Ln, Houston, TX, 77044

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.46 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,035 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1228120010025
Lot Number25
SubdivisionStonefield Terrace
Land UseResidential
Legal DescriptionLT 25 BLK 1 STONEFIELD TERRACE SEC 1
Census Tract232305
Assessed Land Value$42,021
Assessed Improvement Value$233,396
Assessment Year2025

About this property

Breaking News Stonefield Terrace Subdivision has finally placed its beloved Gem on the market! Your Home Search journey has finally come to an end! This is a Lennar Built home that has been well maintained and is move-in ready. Arches, Fireplace, Open Floorplan with plenty of space for the price!! This home also did not flood during Harvey or sustained any damages during the freeze. You will not be disappointed THIS CASTLE will fly off the market so don't wait.

Investor Tools

Property Icon
$275,417
Estimated Property Value
$222,071Estimated Mortgage Balance
$53,346Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,653 /month
Positive
Cash Flow Estimate:
$551 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,643
$275,417
2025
$42,021
$233,396
$275,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,643
$275,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$228,779
Yes
First
Jun 22, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,071
$53,346
19%
81%
$1,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,775/mo
+$1,015/mo
12.2%

City: Houston

8919 Melody Park Ln | Property Details | No Agent List