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Owner Contacts

$621,000

10706 Russett Dr, Houston, TX, 77042

Off Market

3 Beds

2 Bath

2,101 Sq Ft

Single Family Residence

$190.34 / sqft

Built in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size9,479 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN0982910000006

Lot Number6

SubdivisionWalnut Bend

Land UseResidential

Legal DescriptionLT 6 BLK 33 WALNUT BEND SEC 8

Census Tract450803

Assessed Land Value$184,800

Assessed Improvement Value$277,920

Assessment Year2025

About this property

Gorgeously updated home in coveted Walnut Bend! 3 bedrooms plus a flex room! Flex room is currently used for a playroom/TV room but would make a great home office, formal dining room or guest bedroom (with an easy closet conversion). Kitchen is open to the breakfast nook and has a breakfast bar with a gas cooktop, double ovens and stainless appliances. Ample work space and plenty of light! Living room has raised ceilings and a fireplace with sliding doors open to two separate patio areas. Abundant outdoor spaces with side yards fully utilized. Extra space has been finished out in the attached garage to accommodate a laundry room and mud area. Gated, double wide driveway for extra parking and extra outdoor space.

Investor Tools

$621,000

Estimated Property Value

$298,000Estimated Mortgage Balance

$352,516Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,726 /month

Positive

Cash Flow Estimate:

$1,242 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$815/month

$190/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,679

$462,720

2025

$184,800

$277,920

$462,720

Tax History

Year

Tax Paid

Assessed Value

2024

$6,679

$462,720

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$298,000

First

Mar 12, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$268,484

$311,516

53%

43%

$1,787/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$1,977/mo

$-97/mo

3.6%

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