10307 Ash Fork Dr, Houston, TX 77064
Analyzed
Call Notes
Seller
NameAlex Ray IV
Phone(281) 851-4997
Emailclutchc2176@gmail.com
Timeline60-days
Reason for sellingdownsizing
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyHarris
Valuation
ARV$319,000
Equity$246,325 (77.0%)
Mortgage balance (est.)$72,675 (44.7% of original loan paid off)
Monthly mortgage payment$838
Monthly HOA$49
Original loan amount$131,500
Involuntary liensNone found
Owner of recordRAY ALEX, RAY KAREN
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%$223,300
60%$191,400
50%$159,500
Pitch the Offer
ARV$
Market discount%−$47,850
Realtor fee%−$19,140
Closing costs%−$12,760
Rehab reserve$
Interest rate%−$2,391 / 6momanually entered rate
Insurance (annual, % of ARV)%−$1,595 / 6mo
Annual property taxes$−$2,202 / 6mo
Net before mortgage payoff$226,682
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$154,007
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.