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$548,000

3131 Briarwood Point Place #P, Houston, TX, 77063

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.57 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,483 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1391340010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 BRIARMONT SEC 1 PAR R/P
Census Tract432101
Assessed Land Value$112,110
Assessed Improvement Value$362,430
Assessment Year2025

About this property

Physical Property Description: HIGHER RATE W FURNITURE. Very clean modern upgraded 4 bedrooom, 2 vehicle garage,3 full baths and 1 powder room/half bath,including an expansive 2nd floor balcony,spacious rear covered patio for the backyard within a gated community with fantastic amenities including pool & outdoor community kitchen;all nice.This spacious and luxurious home includes hardwood floors, tile in all wet areas, a host of upgraded fixed and functioning windows with 2"faux wood privacy blinds, ceiling fans, recessed LED lighting throughout and more.The first floor bedroom with en suite and game room which can double as a private office is awesome.The large expanded granite island kitchen provides copious amounts of counter space with a host of 42"white painted cabinetry great for family and entertaining.Home is situated in a more private part of community where street ends(TRAFFIC ALMOST NON-EXISTENT)good for visiting guests.Community is close to Galleria and major thoroughfares.

Investor Tools

$327,637Estimated Mortgage Balance
$193,363Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

Interested in this property?

Gabriel Griffin

MORE Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
$1,900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,297
$474,540
2025
$112,110
$362,430
$474,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,297
$474,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$385,000
No
First
May 20, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,637
$193,363
37%
63%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
$4,209/mo
$-2,039/mo
5.0%

City: Houston