$375,000
3015 Falls At Fairdale, Houston, TX, 77057
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Electric Cooktop, Dishwasher
Exterior
Lot Size1,551 sqft
Building Information
Year Built2007
Garage Spaces2
Land Information
APN1288320010008
Lot Number8
SubdivisionFalls At Fairdale
Land UseResidential
Legal DescriptionLT 8 BLK 1 FALLS AT FAIRDALE
Census Tract432005
Assessed Land Value$99,356
Assessed Improvement Value$256,542
Assessment Year2025
About this property
elcome to Falls at Fairdale, a gated Galleria-area community in Houston's 77057 zip code. Enjoy privacy and convenience with quick access to I-69, Loop 610 and Richmond Avenue, placing the Galleria just minutes away and Downtown Houston less than ten miles from your door. Premier shopping, dining and entertainment sit close by.
Investor Tools
$135,129Estimated Mortgage Balance
$320,871Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,447
$355,898
2025
$99,356
$256,542
$355,898
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,447
$355,898
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$202,093
No
First
Jul 11, 2012
Aug 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,129
$320,871
70%
30%
$1,212/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,512/mo
+$518/mo
5.3%
