10012 Cedar Creek Ct, Brookshire, TX 77423
Analyzed
Call Notes
Seller
NameBill Morgan
Phone(832) 640-6550
EmailBilnic22@yahoo.com
Timeline60-days
Reason for sellingdownsizing
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyWaller
Valuation
ARV$419,000
Equity$44,130 (11.0%)
Mortgage balance (est.)$374,870 (2.6% of original loan paid off)
Monthly mortgage payment$2,636
Monthly HOA$50
Original loan amount$385,000
Involuntary liensNone found
Owner of recordMORGAN WILLIAM J, MORGAN NICOLE L
Owner match✓ Matches lead
Mortgage balance is PropStream's amortization estimate from the original loan's recorded terms — not a live servicer balance. It won't reflect a refinance, cash-out, or ARM rate reset since origination; verify with the seller directly when it matters.
Maximum Allowable Offer (% of ARV)
70%$293,300
60%$251,400
50%$209,500
Pitch the Offer
ARV$
Market discount%−$62,850
Realtor fee%−$25,140
Closing costs%−$16,760
Rehab reserve$
Interest rate%−$13,664 / 6momanually entered rate
Insurance (annual, % of ARV)%−$2,095 / 6mo
Annual property taxes$−$5,063 / 6mo
Net before mortgage payoff$285,048
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer-$89,822
Every number above is editable — type over any default and Net Offer recalculates instantly; click Save pitch numbers to keep your edits for next time. The 6-mo carry cost charges interest only, not principal — the mortgage payoff already accounts for the principal, so charging 6 months of principal reduction on top of that would double-count it.