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$299,900

10950 Fern Terrace Dr, Houston, TX, 77075

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,577 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.38 / sqft
Year BuiltBuilt in 2000

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 Size6,669 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1201700060064
Lot Number64
SubdivisionBridgegate
Land UseResidential
Legal DescriptionLT 64 BLK 6 BRIDGEGATE SEC 2
Census Tract333906
Assessed Land Value$54,030
Assessed Improvement Value$254,694
Assessment Year2025

About this property

Beautifully maintained home in the desirable Bridgegate community of Southeast Houston! This spacious home features fresh paint, new luxury vinyl plank flooring throughout the first floor, and plush new carpet upstairs. Enjoy abundant natural light, a massive primary suite with separate his-and-her closets, and a huge backyard perfect for entertaining. The covered patio and storage shed add extra functionality and outdoor enjoyment. Conveniently located near Beltway 8 and I-45, with no HOA and no MUD taxes, and zoned to highly rated elementary, middle, and high schools. A fantastic opportunity in a great location!

Investor Tools

$135,037Estimated Mortgage Balance
$225,963Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,111
$308,724
2025
$54,030
$254,694
$308,724
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,111
$308,724

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Arm (Adjustable Rate Mortgage)
$144,750
No
First
Apr 8, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,037
$225,963
62%
37%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,152/mo
+$1,074/mo
7.4%

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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10950 Fern Terrace Dr | Property Details | No Agent List