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$260,000

NAL Estimated Property Value

11406 Olivewood Dr, Houston, TX, 77089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,685 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.73 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher

Exterior

Lot Size8,242 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1067090000010
Lot Number10
SubdivisionWood Meadow
Land UseResidential
Legal DescriptionLT 10 BLK 3 WOOD MEADOW SEC 1 2ND R/P
Census Tract350400
Assessed Land Value$45,198
Assessed Improvement Value$203,142
Assessment Year2025

About this property

NICE OPEN CONCEPT HOME, UPDATED INSIDE BACK IN 2017 AFTER HARVEY FLOOD HOME GOT 2 to 3 FEET OF WATER ACCORDING TO THE SELLERS, LIKE MOST OF HOMES WITHIN THE AREA. THE HOME HAD NEVER BEEN FLOODED AND WAS NOT CONSIDERED A FLOOD ZONE BEFORE HARVEY. SOME UPDATES WERE, LAMINATED WOOD FLOORS THROUGHOUT, COSTUME BUILT ONSITE KITCHEN CABINETS, GRANITE COUNTERTOPS, BATHROOM SINKS, DOORS AND WOOD TRIM, TEXTURE SHEETROCK AND INSIDE PAINT. NEW ROOF AND EXTERIOR PAINT RECENTLY DONE. LARGE STORAGE SHED IN THE BACK APPROXIMATELY 12x16’.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$161,531Estimated Mortgage Balance
$98,469Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,524
$248,340
2025
$45,198
$203,142
$248,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,524
$248,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$182,188
Yes
First
Jul 27, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,531
$91,469
36%
62%
$1,093/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,093/mo
+$697/mo
8.3%

City: Houston

11406 Olivewood Dr | Property Details | No Agent List