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$552,073

NAL Estimated Property Value

10118 Moorberry Ln, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,967 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.43 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size9,361 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0882980000009
Lot Number9
SubdivisionGessner Grove 2nd R/P
Land UseResidential
Legal DescriptionLT 9 BLK 1 GESSNER GROVE 2ND R/P
Census Tract522201
Assessed Land Value$229,500
Assessed Improvement Value$322,573
Assessment Year2025

About this property

Motivated Seller! This beautifully maintained ranch style house sits on a street lined with large mature trees in the heart of Spring Branch. The house has 3 bedrooms, 2 bathrooms, a living room, den, and dining room... and is ready for YOU to call it HOME. It is easy to see that the homeowners have taken great pride in ownership over the years. The home features recent upgrades such as but not limited to: new roof (2 yrs old), new paint (interior and exterior), new carpet, and new light fixtures. The kitchen features will delight your resident chef with its granite counter tops, beautiful wood cabinetry, stainless steel appliances, and ample storage and counter space for all your cooking needs. The large living room, den, and dining room give you lots of space to decorate and entertain. This home is zoned to Spring Branch ISD, close to schools and parks, and allows for quick access to major roads such as Gessner, I10, Beltway 8, and Hwy 290.

Investor Tools

Property Icon
$552,073
Estimated Property Value
$270,702Estimated Mortgage Balance
$281,371Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,312 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,211
$552,073
2025
$229,500
$322,573
$552,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,211
$552,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$297,000
No
First
Sep 6, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,702
$281,371
50%
49%
$1,781/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,781/mo
$-59/mo
3.7%

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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10118 Moorberry Ln | Property Details | No Agent List