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$217,000

10842 Cheeves Dr, Houston, TX, 77016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,071 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.16 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,782 sqft

Building Information

Year Built1972
Stories1

Land Information

APN1043540000005
Lot Number5
SubdivisionNorthwood Manor
Land UseResidential
Legal DescriptionLT 5 BLK 77 NORTHWOOD MANOR SEC 7
Census Tract231900
Assessed Land Value$54,873
Assessed Improvement Value$147,276
Assessment Year2025

About this property

NEVER LIVED IN SINCE REMODELING.KITCHEN NEW EVERYTHING : CUSTOM WOOD CABINETS,QUARTZ COUNTERTOPS, RANGE, DISHWADER, DISPOSAL , FARM SINK,FAUCET, MICOWAVE/HOOD, LIGHTFIXTURE ; THREE BATHS EVERYTHING NEW.NEW: CUSTOM WOOD CABINETS,COUNTERTOPS,TUB,TUBSURROUND -MARBLE,TUB FAUCET,SINK/ FAUCET, MIRRORS,TOILETS , LIGHT FIXTURE ,NEW A/C SYSTEM -CONDENSER,HEATER ,COIL AND ALL DUCTS; ALL NEW DOUBLE PAINE WINDOWS) WITH SOLAR SCREENS , NEW TILE : BATHS,UTILITY,DEN,DINING,KITCHEN,HALLWAY , NEW LAMINATE FLOOR IN ALL BEDROOMS, NEW FANS(5),NEW DOORS/BASEBOARD/TRIMM, NEW CONCETE PATIO 16X12FEET,NEW 46 FEET SIDEWALK TO THE BACK,NEW DOUBLE WIDE DRIVEWAYS WITH EXTRA PARKING ,NEW LIGHT FIXTURES , NEW ADDED 12 INCH THICK INSULATION IN THE ATTIC,NEW PAINT IN AND OUT. NEW WIRING/PLUMBING,NEW FENCE RIGHT AND REAR, WROGHT Iron fence in the Front with MOTORIZED GATE with REMOTE CONTROL, NEW ST AUGUSTINE GRASS -WHOLE YARD(FRONT/BACK/SIDES)COMPARE QUALITY WITH NEW BUILDERS IN THE AREA-IT IS BETTER EVERY TIME

Investor Tools

Property Icon
$217,000
Estimated Property Value
$260,000Estimated Mortgage Balance
$0Estimated Equity
-20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,088
$202,149
2025
$54,873
$147,276
$202,149
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,088
$202,149

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nelly Zarate Landero Etal
Seller Carryback / Seller Financing / Seller Take-Back
$260,000
No
First
Sep 6, 2024
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,266
N/A
0%
116%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,559/mo
+$667/mo
12.3%

Learn About the Market: Opportunity in Houston

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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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10842 Cheeves Dr | Property Details | No Agent List