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$649,500

10007 Emerald Creek Dr, Houston, TX, 77070

PendingInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths4,572 Sq Ft
Multi FamilyMulti Family
price_per_sqft$142.06 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 8Bathrooms Full 8
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size15,751 sqft

Building Information

Year Built1998
Stories2

Land Information

APN1141410060005
Lot Number5-8
SubdivisionCypress Glen
Land UseResidential
Legal DescriptionLTS 5 6 7 & 8 BLK 6 CYPRESS GLEN
Census Tract552501
Assessed Land Value$50,800
Assessed Improvement Value$563,435
Assessment Year2025

About this property

Rare investment opportunity in the sought-after Cypress Glen subdivision! This well-maintained 4-plex sits on a quiet cul-de-sac and offers excellent flexibility for both investors and owner-occupants. Great owner-occupant investment—live in one unit and rent the others. All units are occupied with long-term leases. The two outer units feature 3 bedrooms and 2 baths, while the two interior units offer 2 bedrooms and 1 bath, providing a desirable mix of floorplans for strong rental appeal. No HOA fees, and tenants pay their own utilities and maintain their own rear lawns, making this a low-maintenance, income-producing property. With multiple units, a prime location, and stable rental potential, this 4-plex is an outstanding opportunity you don’t want to miss! (Note: Please do not disturb tenants. Showings allowed ONLY with an executed contract or during designated open house windows.)

Investor Tools

$317,135Estimated Mortgage Balance
$297,100Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,897 /month
Positive
Cash Flow Estimate:
$1,299 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,573
$614,235
2025
$50,800
$563,435
$614,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,573
$614,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterloo Lending Llc
Conventional
$352,000
No
First
Apr 1, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,135
$297,100
48%
52%
$2,111/mo

Learn About the Market: Opportunity in Houston

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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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10007 Emerald Creek Dr | Property Details | No Agent List