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$2,492,000

NAL Estimated Property Value

10918 Timberglen Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,389 Sq Ft
price_per_sqft$545.88 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size22,590 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1022650000030
Lot Number30
SubdivisionTimberglen
Land UseResidential
Legal DescriptionLT 30 TIMBERGLEN SEC 2
Census Tract430300
Assessed Land Value$1,552,915
Assessed Improvement Value$632,701
Assessment Year2025

About this property

Beautiful ranch style home in the Memorial Villages sits on a gorgeous lot with beautiful trees, lush landscaping, tucked away in picturesque neighborhood. This home has been well maintained and offers an updated kitchen, formal living and dining rooms, family room, plus a game room that opens to the backyard. Features include hardwoods throughout, updated on-trend paint, and a wonderful floor plan for entertaining. There are 4 large bedrooms with lots of storage and built-ins. Large primary bathroom has incredible space and is a perfect blank slate. The showstopper is the fabulous backyard oasis-like pool and pavilion! Enjoy Houston summer & winter nights under the covered patio with built-in grill & refrigerator. The backyard pool is stunning with a waterfall, gas fire features and Endless Pool swimming system. The side yard offers more than ample room for additional play space or gardening. Lots of fun to be had! Walk to Memorial Drive Elementary. The location cannot get any better!

Investor Tools

Property Icon
$2,492,000
Estimated Property Value
$2,228,903Estimated Mortgage Balance
$263,097Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,952 /month
Positive
Cash Flow Estimate:
$4,984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,777/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,867
$2,185,616
2025
$1,552,915
$632,701
$2,185,616
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,867
$2,185,616

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$2,000,000
No
First
Apr 25, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,228,903
$594,097
21%
89%
$14,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$14,808/mo
$-11,558/mo
1.6%

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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10918 Timberglen Dr | Property Details | No Agent List