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$460,000

14402 Summerwood Lakes Dr, Houston, TX, 77044

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,081 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.3 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Gas Range, Indoor Grill, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Side Yard, Sprinkler System
Lot Size11,147 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1187560010001
Lot Number1
SubdivisionSummerwood
Land UseResidential
Legal DescriptionLT 1 BLK 1 SUMMERWOOD SEC 3 EDGEWATER VLG
Census Tract252001
Assessed Land Value$78,990
Assessed Improvement Value$328,362
Assessment Year2025

About this property

This Summerwood home has been meticulously updated by the current Owners. The welcoming entrance/ foyer opens to the Dining Room and Home Office/ Study, both with beautiful views of the lake directly across the street. The home has porcelain tile floors throughout the 1st floor. The spacious Living Room with dry bar and fireplace overlooks the backyard/ patio and pool. The Chef's Kitchen has an extra large island, quartz countertops, porcelain backsplash, high-end appliances--Dacor 6-burner gas cooktop and oven, Dacor 60" wide column refrigerator and Fisher & Paykel dbl-drawer dishwasher & microwave. The spacious Primary Bedroom on the 1st floor has a bamboo wood ceiling and opens to a spa bath, porcelain tile walk-in shower, dbl sinks, heated marble flooring and walk-in closet. Upstairs there is a Game Room, 3 bedrooms and 2 baths. The backyard has an outdoor grill, sm fridge, pool, hot tub and half-bath. The 3-car garage also has lots of storage. This is a great place to call home!

Investor Tools

$229,296Estimated Mortgage Balance
$178,056Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Laura Domingue

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,277
$407,352
2025
$78,990
$328,362
$407,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,277
$407,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$274,500
No
First
Sep 20, 2018
Oct 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,296
$178,056
43%
56%
$1,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,040/mo
$2,896/mo
+$144/mo
9.0%

City: Houston

14402 Summerwood Lakes Dr | Property Details | No Agent List