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$235,000

638 Bright Penny Ln, Houston, TX, 77015

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.3 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop
FlooringCarpet, Tile

Exterior

Lot Size6,717 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1031230000048
Lot Number48
SubdivisionChannelwood
Land UseResidential
Legal DescriptionLT 48 BLK 17 CHANNELWOOD SEC 5
Census Tract252400
Assessed Land Value$35,805
Assessed Improvement Value$154,177
Assessment Year2025

About this property

Come see this magnificently updated 3BR/2BA home. This gorgeous home is welcoming and inviting to family and friends. The updates are simply amazing and meticulously done. They include new tile flooring, S/S appliance, custom wood cabinetry, quartz counter tops, kitchen/bathroom fixtures, custom tile work, carpet, French doors, interior doors, ceiling fans, led lighting, and so much more. The HVAC system is less than 2yrs old. This home has all of the amenities of a new house. Conveniently located to shopping, dining, schools and highways makes this location perfect for any family. The spacious backyard and covered patio will make the gatherings with family and friends special. Call today for your private showing before this beautiful home is gone.

Investor Tools

$158,696Estimated Mortgage Balance
$32,304Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Carlos Baker

Baker Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,699
$189,982
2025
$35,805
$154,177
$189,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,699
$189,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Donald Dickerson Etux
Seller Carryback / Seller Financing / Seller Take-Back
$170,000
No
First
Feb 23, 2023
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,696
$32,304
16%
83%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,020/mo
+$702/mo
10.8%

City: Houston