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$698,000

NAL Estimated Property Value

10623 Deerwood Rd, Houston, TX, 77042

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.47 / sqft
Year BuiltBuilt in 1967

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

Exterior

Lot Size9,662 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0982920000020
Lot Number20
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionLT 20 BLK 34 WALNUT BEND SEC 8
Census Tract450803
Assessed Land Value$186,600
Assessed Improvement Value$375,382
Assessment Year2025

About this property

Location, location, location… Live it out and renovate later. Get in Walnut Bend's sought-after North section, just moments from City Centre! This remarkable residence offers updates like a 2014 Sprinkler System, 2018 attic Heater & Coil system replacement, 2018 Air Filter System installation, 2018 Double-paned windows upgrade (excluding 3 patio windows), 2018 Water pipe replacement with peck piping, two-bedroom bathrooms and utility room bathrooms sewer replacement (performed by ARS), and 2018 Termite protection pods installation. With approximately 2308 SF, 4 beds, and 2.5 baths, this home provides generous space and a welcoming atmosphere. Enjoy sunlight-filled rooms, a 2-car garage, and ample parking. Step outside to a sprawling backyard with a spacious patio area for entertaining or unwinding, plus close access to Terry Hershey Park for nature retreats. Convenient access to Downtown Houston, the Energy Corridor, and the Galleria area via nearby Beltway 8. Call Today!

Investor Tools

Property Icon
$698,000
Estimated Property Value
$531,692Estimated Mortgage Balance
$166,308Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,188 /month
Positive
Cash Flow Estimate:
$1,396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,128
$561,982
2025
$186,600
$375,382
$561,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,128
$561,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$540,400
No
First
Jun 10, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$531,692
$185,308
25%
76%
$3,240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,470/mo
$-1,030/mo
4.2%

City: Houston

10623 Deerwood Rd | Property Details | No Agent List