62 Fort Arbor LnMissouri CityTX77459
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Missouri City at 62 Fort Arbor Ln, Missouri City, TX, 77459 at $975,000 posts ROI 19.85% with from $7,001/mo rent. Total monthly income equals $7,001/mo. Return on cash invested measures 19.85% and rental yield reads 8.62% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 103.88% and total cumulative return in cash totals $333,207. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,001/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
0.42 Acres lot
$N/A/sqft
$1,485 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77459, Missouri City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,944 (100%) |
| Owner Occupied HU | 26,467 (80.3%) |
| Renter Occupied HU | 5,147 (15.6%) |
| Vacant Housing Units | 1,330 ( 4.0%) |
| Median Home Value | $397,528 |
| Average Home Value | $448,031 |
Housing Distribution
Address Breakdown
Residential
31,456
Single Family
29,313
Multi-Family
2,143
Businesses
1,689
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $975,000 |
| 2023-09-18 | Sold | N/A |
| 2023-08-08 | Pending sale | $869,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $763,635 | 8.41% |
| 2023-12-27 | $8451.51 | -7.36% | $704,363 | 10.00% |
| 2022-12-27 | $9122.67 | 3.08% | $640,330 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2013
- Architectural Style: Traditional
- Building Area: 4,627
- Living Area: 4,627 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Electric, Zoned, Ceiling Fan(s)
- Flooring: Carpet, Tile, Wood
- Interior Features: Balcony, Crown Molding, Formal Entry/Foyer, High Ceilings, Prewired for Alarm System, Wired for Sound, 2 Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Sitting Area, Split Plan, Walk-In Closet(s), Countertops(Granite)
- Exterior Features: Exterior Gas Connection, Outdoor Kitchen, Sprinkler System
- Parking Features: Attached, Oversized
Location
- City: Missouri City
- State: TX
- Subdivision: Sienna
- Lot Size: 0.42 Acres
- Lot Features: Cul-De-Sac, Near Golf Course, Subdivided, 1/4 Up to 1/2 Acre
- View: N/A
HOA & Fees
- HOA Fee: $1,485 annually
- Association Fee: $1,485 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public, Water District
- Road Surface Type: Concrete, Curbs, Gutters
School Information
- Elementary School: Sienna Crossing Elementary School
- Middle School: Baines Middle School
- High School: Ridge Point High School
What's Special
Radiant Attic Barrier
Listed by: Sara Nguyen • Better Homes and Gardens Real Estate Gary Greene - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #48597676
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