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B+
NoAgentList RatingHow are grades calculated? Info

$282,000

10866 Shannon Mills Ln, Houston, TX, 77075

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,387 Sq Ft
price_per_sqft$1.44 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,327 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1291240020027
Lot Number27
SubdivisionDurham Park Amend
Land UseResidential
Legal DescriptionLT 27 BLK 2 DURHAM PARK SEC 6 AMEND
Census Tract333906
Assessed Land Value$41,348
Assessed Improvement Value$201,321
Assessment Year2025

About this property

This house has been cleaned and ready for move in.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$133,926Estimated Mortgage Balance
$197,328Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,113
$242,669
2025
$41,348
$201,321
$242,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,113
$242,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Fha
$133,926
Yes
First
Dec 23, 2010
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,672
$182,328
68%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
9.5%

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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10866 Shannon Mills Ln | Property Details | No Agent List