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$325,000

10311 Falling River Dr, Houston, TX, 77095

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.3 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl Plank

Exterior

Lot Size5,401 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1225290040031
Lot Number31
SubdivisionCanyon Lakes Village
Land UseResidential
Legal DescriptionLT 31 BLK 4 CANYON LAKES VILLAGE SEC 2
Census Tract541006
Assessed Land Value$63,058
Assessed Improvement Value$234,677
Assessment Year2025

About this property

Pride of ownership shines throughout this gorgeous home, meticulously maintained by its original owners! Tucked away on a quiet 1/2 cul-de-sac, this thoughtful layout features 4 spacious bedrooms, 2.5 bathrooms, an upstairs game room, and a home office that easily functions as a 5th bedroom. Storage is never an issue with walk-in closets in every bedroom, two linen closets, and a coat closet that extends under the stairs! Step outside into your backyard retreat: a massive 20x16 covered patio equipped with two 8 ft. roll-down shades for year-round comfort. The backyard also features a storage building to keep your lawn equipment organized. Living here feels like a permanent vacation with neighborhood amenities that rival a luxury resort: resort-style pool, splash pad, pickleball courts, sand volleyball, basketball, tennis, and soccer areas, scenic walking trails, and neighborhood lakes with catch and release fishing, not to mention Houston National Golf Club and Sterling Country Club!

Investor Tools

$75,796Estimated Mortgage Balance
$256,204Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

Interested in this property?

Tammy Clifton

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$1,290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,805
$297,735
2025
$63,058
$234,677
$297,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,805
$297,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$110,055
Yes
First
Mar 19, 2013
Apr 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,796
$256,204
77%
23%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,950/mo
+$690/mo
9.5%

City: Houston

10311 Falling River Dr | Property Details | No Agent List