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$389,273

NAL Estimated Property Value

1007 Laurel Valley Dr, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,233 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.3 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer
FlooringTile, Wood

Exterior

Lot Size15,050 sqft

Building Information

Year Built1966
Stories1
Garage Spaces4

Land Information

APN1001010000029
Lot Number29
SubdivisionClear Lake City Core B
Land UseResidential
Legal DescriptionLT 29 BLK 2 CLEAR LAKE CITY CORE B SEC 1
Census Tract340600
Assessed Land Value$79,144
Assessed Improvement Value$310,129
Assessment Year2025

About this property

Sitting on a spacious 15,050 sq. ft. lot in the Clear Lake City Cove neighborhood, this home features 2,233 sq. ft., 4 bedrooms, 2.5 bathrooms, 2 generous living areas, an 8x8 storage room in the attic, and a climate-controlled room off the garage with water & gas fixtures, ideal for a workshop or pet area. Boasting granite countertops, stainless steel appliances, ample cabinetry for storage, a charming brick gas fireplace, and sliding glass doors leading to a covered screened patio. The HOA-approved 10x10 treehouse and a fun zipline adds adventure to the backyard. The fenced side yard offers flexibility for gardening or your pet's own outside space. Plenty of parking - 2-car garage, carports, and extra parking. Just a short walk or bike ride away from the beautiful 200-acre Exploration Green Nature Conservancy. Upgrades enhance the value of this property: Garage Doors (2023), HVAC Heating/Furnace (2024), Roof (12/2024), PEX Plumbing (2023), Water Heater (2023), and Primary Bath.

Investor Tools

Property Icon
$389,273
Estimated Property Value
$317,829Estimated Mortgage Balance
$71,444Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,336 /month
Positive
Cash Flow Estimate:
$779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
$112/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,194
$389,273
2025
$79,144
$310,129
$389,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,194
$389,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Fha
$324,021
Yes
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,829
$71,444
18%
82%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,055/mo
+$171/mo
6.9%

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.

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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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1007 Laurel Valley Dr | Property Details | No Agent List