B+

NoAgentList RatingHow are grades calculated?

57Days on Market

1view

$232,500

10527 Red Orchid Dr, Houston, TX, 77016

$245,914 ARV

On Market

3 Beds

2 Bath

1,406 Sq Ft

Single Family Residence

$165.36 / sqft

Built in 2022

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Built-In Gas Oven, Dishwasher, Disposal, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size4,866 sqft

Building Information

Year Built2022

Garage Spaces2

Land Information

APN1449740040007

Lot Number7

Land UseResidential

Legal DescriptionLT 7 BLK 4 WAYSIDE VILLAGE SEC 11

Census Tract231400

Assessed Land Value$41,860

Assessed Improvement Value$198,282

Assessment Year2025

About this property

Beautifully updated 1-story home in Houston featuring an open-concept layout with spacious living, dining, and kitchen areas. The kitchen offers quartz countertops, updated sink and faucet, tile backsplash, and ample cabinetry. New carpet and modern finishes throughout create a fresh, move-in ready feel. Both bathrooms feature updated glass shower doors and clean, contemporary styling. Enjoy a fully fenced backyard with green space, a covered patio, and room for outdoor living. Additional highlights include an epoxy-coated garage floor, refrigerator included, ADT camera system, water softener, and water filtration system. Solar panels (13 panels, 20kw) convey with the home. Exterior features a combination of brick and HardiPlank siding with fresh landscaping for added curb appeal.

Investor Tools

$240,142

Estimated Property Value

$158,100Estimated Mortgage Balance

$0Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$245,914

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,441 /month

Positive

Cash Flow Estimate:

$480 /month

Interested in this property?

Wendy Cline

Wendy Cline Properties Group

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$380/month

$450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,355

$240,142

2025

$41,860

$198,282

$240,142

Tax History

Year

Tax Paid

Assessed Value

2024

$3,355

$240,142

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Kiavi Funding Inc

Building Or Construction Loan

$158,100

First

Mar 3, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$315,288

N/A

131%

$1,896/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,346/mo

$-624/mo

8.6%

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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