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$191,000

NAL Estimated Property Value

940 Somercotes Ln, Channelview, TX, 77530

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,304 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1150950010063
Lot Number63
SubdivisionSterling Green South
Land UseResidential
Legal DescriptionLT 63 BLK 1 STERLING GREEN SOUTH SEC 4
Census Tract252303
Assessed Land Value$31,579
Assessed Improvement Value$129,523
Assessment Year2025

About this property

Discover charm and comfort in this stylish 3-bedroom, 2-bath home in Channelview, TX. The striking spiral staircase sets the tone for unique character, while the spacious primary suite on the first floor offers the perfect private retreat. Enjoy effortless flow with an open-concept layout connecting the living, breakfast, and family rooms—ideal for both daily living and entertaining. Complete with a convenient 1-car garage, this thoughtfully designed home blends style, function, and warmth.

Investor Tools

Property Icon
$191,000
Estimated Property Value
$756Estimated Mortgage Balance
$190,244Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,276
$161,102
2025
$31,579
$129,523
$161,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,276
$161,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mtg Corp
N/A
$39,900
N/A
First
Sep 20, 1996
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$756
$191,244
99%
0%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$240/mo
+$1,067/mo
8.2%

City: Channelview

940 Somercotes Ln | Property Details | No Agent List