$260,000
NAL Estimated Property Value11406 Olivewood Dr, Houston, TX, 77089
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
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
$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
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%
