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$200,000

10642 Red Orchid Dr, Houston, TX, 77016

$209,750 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.81 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,214 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1465970030021
Lot Number21
Land UseResidential
Legal DescriptionLT 21 BLK 3 WAYSIDE VILLAGE SEC 12
Census Tract231400
Assessed Land Value$42,009
Assessed Improvement Value$182,982
Assessment Year2025

About this property

Single-family home in the Wayside Village subdivision featuring 3 bedrooms, 2 full bathrooms, and a 2-car attached garage. Constructed on a concrete slab foundation in 2023, the 1,335-square-foot traditional single-story home features a brick exterior and a composition shingle roof. The interior layout includes central gas heating, central electric cooling, digital programmable thermostats, and ceiling fans. The property sits on a 5,227-square-foot lot with a fully fenced backyard and concrete street paving.

Investor Tools

$224,257Estimated Mortgage Balance
$734Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$209,749
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,702
$224,991
2025
$42,009
$182,982
$224,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,702
$224,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$230,399
Yes
First
Aug 29, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,257
$734
0%
100%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,799/mo
$-77/mo
9.2%

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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10642 Red Orchid Dr | Property Details | No Agent List