$575,000
NAL Estimated Property Value10715 Cedar Creek Dr, Houston, TX, 77042
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
