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$397,000

3117 Craftsman Pl, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,942 Sq Ft
price_per_sqft$226.6 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,509 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1400760020034
Lot Number34
SubdivisionPinecrest
Land UseResidential
Legal DescriptionLT 34 BLK 2 PINECREST SEC 3
Census Tract522001
Assessed Land Value$112,860
Assessed Improvement Value$281,232
Assessment Year2025

About this property

Brand NEW energy-efficient home ready June 2022! Come home to an open family room on the first floor. The island kitchen and dining area open to a covered patio. Upstairs is a luxurious primary suite, game room, and two additional bedrooms with walk-in closets. This master-planned community is a rare find in Spring Branch. Within the community you can enjoy trails, future recreation center with fitness room, outdoor pool, dog park and much more. The Patio Home Series features six two-story floorplans.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$382,902Estimated Mortgage Balance
$40,834Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,608
$394,092
2025
$112,860
$281,232
$394,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,608
$394,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$382,902
No
First
Aug 30, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,166
$40,834
10%
90%
$2,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,291/mo
$-1,569/mo
5.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3117 Craftsman Pl | Property Details | No Agent List