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$575,000

NAL Estimated Property Value

10715 Cedar Creek Dr, Houston, TX, 77042

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.52 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size9,239 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN0963570000008
Lot Number8
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionLT 8 BLK 16 WALNUT BEND SEC 6
Census Tract450803
Assessed Land Value$180,390
Assessed Improvement Value$203,163
Assessment Year2025

About this property

Yard maintenance and maid service included in lease price. Washer, Dryer, refrigerator. Terrific updated classic single story home on quiet street in popular Walnut Bend. The neighborhood has a truly great community center with pool, fitness, club house, pickle ball and tennis. Luxury vinyl plank flooring through out, updated tile and countertops in baths, finishes are clean, classic and timeless, 220 outlet in garage for electric car charging. Landlord prefers no more than a 9 month lease.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$159,913Estimated Mortgage Balance
$415,087Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,692
$383,553
2025
$180,390
$203,163
$383,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,692
$383,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Option One Mortgage Corp
Unknown
$132,000
No
First
Feb 7, 2006
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,913
$424,087
72%
28%
$1,917/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,917/mo
+$523/mo
5.1%

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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10715 Cedar Creek Dr | Property Details | No Agent List