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$247,000

10118 Fernstone Lane, Houston, TX, 77070

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.77 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringTile, Wood

Exterior

Lot Size7,196 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1137080000013
Lot Number13
SubdivisionTallow Wood
Land UseResidential
Legal DescriptionLT 13 BLK 4 TALLOW WOOD SEC 1
Census Tract552502
Assessed Land Value$65,178
Assessed Improvement Value$143,182
Assessment Year2025

About this property

Newly updated 4 bed 2 bath home with tile and wood floors, granite countertops, new windows, roof, and pex piping for winter protection. Includes 2 refrigerators. Conveniently located near shopping, dining, 249, and the Beltway. Showings begin Saturday for this 1438 sq ft home with new insulation and water heater, built in 1980 on a 7200 sq ft lot.

Investor Tools

$135,292Estimated Mortgage Balance
$98,708Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Roberto Villagomez

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$193
$208,360
2025
$65,178
$143,182
$208,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$193
$208,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$139,000
No
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,292
$98,708
42%
58%
$834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,259/mo
+$861/mo
10.9%

Learn About the Market: Opportunity in Houston

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Explore

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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10118 Fernstone Lane | Property Details | No Agent List