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$338,342

NAL Estimated Property Value

10009 Kemp Forest Dr, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,349 Sq Ft
price_per_sqft$146.87 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,923 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1064230130002
Lot Number62
SubdivisionSpring Shadows Townhomes
Land UseResidential
Legal DescriptionLT 62 1/148 INT COMMON LAND & ELE SPRING SHADOWS T/H SEC 2
Census Tract522001
Assessed Land Value$87,690
Assessed Improvement Value$250,652
Assessment Year2025

About this property

This lovely home greets you with lush landscaping, leading to a large covered front patio and decorative glass windows. Inside, enjoy the warm hardwood flooring and wood-burning fireplace in the spacious living room. The upgraded kitchen features a large center island with a cooktop, double ovens, and double dishwashers, as well as quality wood cabinets and a pantry. The breakfast area leads to the 2-car garage, while the back patio offers a private retreat. Upstairs, the primary bedroom includes a covered balcony with views of the clubhouse and recreation areas. The primary ensuite boasts an extra-large shower with a built-in bench seat, and all bedrooms have walk-in closets. This home is located across from the clubhouse, tennis courts, and pool, with easy access to major highways and just 14 miles from downtown. Zoned to Spring Branch ISD, it's a must-see!

Investor Tools

Property Icon
$338,342
Estimated Property Value
$188,998Estimated Mortgage Balance
$149,344Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
$3,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,268
$338,342
2025
$87,690
$250,652
$338,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,268
$338,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$200,000
No
First
May 11, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,998
$149,344
44%
56%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$4,800/mo
$-3,493/mo
4.6%

City: Houston