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$450,000

NAL Estimated Property Value

1203 Berrywood Ln, Houston, TX, 77077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,834 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringWood

Exterior

Lot Size9,601 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0990050000001
Lot Number1
SubdivisionAshford Forest
Land UseResidential
Legal DescriptionLT 1 BLK 5 ASHFORD FOREST SEC 3
Census Tract451200
Assessed Land Value$114,400
Assessed Improvement Value$280,488
Assessment Year2025

About this property

Welcome home to this beautiful mid century modern house centrally located in the Energy Corridor. Recently updated with wood flooring throughout, fresh paint and so much more. Large den with beautiful natural light and a wall of windows and sliding glass doors. Large Formal dining and kitchen has beautiful wood cabinets and plenty of storage. Primary bedroom overlooks the large covered patio and has a large walk-in closet. The backyard has plenty of grassy space for entertaining or letting the children play. Property features a whole house generator. Tenants will have access to the neighborhood pool and tennis courts. Immediate move in once approved. Easy access to Terry Hershey park, I-10, and energy corridor.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$291,057Estimated Mortgage Balance
$158,943Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,056
$394,888
2025
$114,400
$280,488
$394,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,056
$394,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$308,000
No
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,057
$164,943
36%
65%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,847/mo
+$383/mo
5.9%

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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1203 Berrywood Ln | Property Details | No Agent List