6123 Larkmount Dr, Spring, TX 77389
Analyzed
Call Notes
Seller
NameDaphne Butris
Phone(713) 818-6674
Emailtxdaph@gmail.com
Timeline30-days
Reason for sellingdownsizing
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyHarris
Valuation
ARV$529,000
Equity$499,100 (94.0%)
Mortgage balance (est.)$29,900 (83.2% of original loan paid off)
Monthly mortgage payment$1,358
Monthly HOA$1,388
Original loan amount$178,505
Involuntary liensNone found
Owner of recordBURRIS DAPHNE A E
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%$370,300
60%$317,400
50%$264,500
Pitch the Offer
ARV$
Market discount%−$79,350
Realtor fee%−$31,740
Closing costs%−$21,160
Rehab reserve$
Interest rate%−$661 / 6momanually entered rate
Insurance (annual, % of ARV)%−$2,645 / 6mo
Annual property taxes$−$1,565 / 6mo
Net before mortgage payoff$381,299
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$351,399
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.