Last 24 Hours
$94,000
NAL Estimated Property Value11934 Fern Forest Dr, Houston, TX, 77044
$121,199 ARV
Off Market
3 Beds
2 Bath
1,344 Sq Ft
Single Family Residence
$74.4 / sqft
Built in 1999Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringLaminate
Exterior
Lot Size5,001 sqft
Building Information
Year Built1999
Garage Spaces1
Land Information
APN1032600000016
Lot Number16
SubdivisionParkway
Land UseResidential
Legal DescriptionLT 16 BLK 6 PARKWAY SEC 1 R/P
Census Tract232304
Assessed Land Value$25,000
Assessed Improvement Value$20,612
Assessment Year2025
About this property
Investment opportunity in North East Houston! This is a three bedroom and two bathroom manufactured home and it's ready for a new owner to come in and make it their own. This home has great bones; it only needs new flooring in the primary bathroom to be completely move-in ready. More photos coming soon! Come and see this property today!
Investor Tools
$94,000
Estimated Property Value
$0Estimated Mortgage Balance
$94,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$121,198
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
$115/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$174
$45,612
2025
$25,000
$20,612
$45,612
No
Tax History
Year
Tax Paid
Assessed Value
2024
$174
$45,612
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$94,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$115/mo
+$2,045/mo
27.6%
12.4%