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$338,000

1206 Pear Tree Lane, Houston, TX, 77073

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.92 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size12,171 sqft

Building Information

Year Built1968
Garage Spaces2

Land Information

APN1004460000017
Lot Number17
SubdivisionInverness Forest
Land UseResidential
Legal DescriptionLT 17 BLK 4 INVERNESS FOREST SEC 2
Census Tract240803
Assessed Land Value$45,965
Assessed Improvement Value$279,035
Assessment Year2025

About this property

Welcome to this charming 5 bedroom, 2.5 home with a study on the third level. This home encompasses all the spaces you need, including a formal dining and living room, and a wet bar for entertaining guests. The oversized backyard provides ample space for outdoor activities and relaxation. The guest bedroom on the first floor offers convenience and privacy for visitors. Discover the enchanting "secret Narnia" rooms tucked away in all the closets on the second floor, perfect for imaginative play or extra storage. The kitchen boasts high-quality craftsmanship, with cabinets made from three-quarter birch plywood or red oak plywood and raised panel doors crafted from quarter swan red oak sourced from an independent sawmill in Huntsville, Texas. The double ovens in the kitchen are perfect for cooking and entertaining. The stairs were meticulously built using new, southern yellow pine, adding a touch of elegance to this lovely home. Conveniently located near I45 and The Grand Parkway.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
$705/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$815
$325,000
2025
$45,965
$279,035
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$815
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$376,475
No
First
Mar 29, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,769
N/A
0%
107%
$2,258/mo

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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1206 Pear Tree Lane | Property Details | No Agent List