$280,000
8947 Summerset Meadow Ct, Houston, TX, 77075
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Electric Oven
FlooringTile
Exterior
Lot Size4,173 sqft
Building Information
Year Built2009
Garage Spaces2
Land Information
APN1309070010115
Lot Number115
SubdivisionClearwood Crossing
Land UseResidential
Legal DescriptionLT 115 BLK 1 CLEARWOOD CROSSING SEC 4
Census Tract333905
Assessed Land Value$39,746
Assessed Improvement Value$220,397
Assessment Year2025
Investor Tools
$52,625Estimated Mortgage Balance
$224,375Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,882
$260,143
2025
$39,746
$220,397
$260,143
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,882
$260,143
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
N/A
$71,000
N/A
First
Dec 18, 2014
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,625
$224,375
81%
19%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$350/mo
+$1,372/mo
7.5%
