$265,000
47 Blue Lake Drive, Huffman, TX, 77336
$344,500 ARV
On Market
Just Added
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringCarpet, Tile
Exterior
Lot Size25,748 sqft
Building Information
Year Built1980
Garage Spaces2
Land Information
APN0420070020003
SubdivisionCypress Point
Land UseResidential
Legal DescriptionTR 3 BLK 1 CYPRESS POINT SEC 1 U/R ABST 165 E BENSON
Census Tract251600
Assessed Land Value$43,772
Assessed Improvement Value$214,722
Assessment Year2025
About this property
Country living with easy access to Lake Houston and the city. Come see this remodeled home with 4 bedrooms, 2.5 baths, granite kitchen counters, and a large covered patio. Plenty of room for a pool or any other outdoor space you wish. This home is perfect for entertaining. Tile throughout the first floor and carpet upstairs. Great neighborhood with a low HOA fee and few restrictions. No high water bills with your own water well. This is a great primary residence or relaxing weekend retreat. You have to see to appreciate. Make an appointment today to view.
Investor Tools
$176,523Estimated Mortgage Balance
$174,477Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$344,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$25/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,832
$258,494
2025
$43,772
$214,722
$258,494
Yes (2022)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,832
$258,494
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Builder Finance Inc
Open End Mortgage / Open End With Future Advance Clause
$191,862
No
First
Jul 8, 2022
Mar 2023
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,523
$174,477
49%
50%
$1,151/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,176/mo
+$1,050/mo
7.6%
