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$414,069

NAL Estimated Property Value

18123 Dorman Draw Ln, Houston, TX, 77044

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,471 Sq Ft
price_per_sqft$123.88 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,222 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1367360050006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 5 BRIDGES ON LAKE HOUSTON SEC 3
Census Tract252003
Assessed Land Value$51,637
Assessed Improvement Value$362,432
Assessment Year2025

About this property

Welcome to 18123 Dorman Draw Ln, where style meets functionality in the desirable Bridges on Lake Houston community. This 4-bedroom, 3.5-bathroom home is situated on a peaceful cul-de-sac and offers an inviting layout with high ceilings and natural light throughout. The first-floor primary suite boasts bay windows and a luxurious ensuite bath. Entertain with ease in the formal dining room or the open-concept kitchen featuring double ovens, a butler’s pantry, and a breakfast nook with charming bay windows. Upstairs, enjoy a loft-style game room and a private media room. Outside, a covered patio overlooks the backyard with a storage shed and garage built-ins for extra convenience. Community amenities include a pool and event center along Lake Houston's scenic shores. With a quick commute to The Woodlands, IAH, and Downtown, plus nearby golf and lake activities, this home delivers comfort, charm, and convenience.

Investor Tools

Property Icon
$414,069
Estimated Property Value
$385,490Estimated Mortgage Balance
$28,579Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,802
$414,069
2025
$51,637
$362,432
$414,069
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,802
$414,069

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$393,000
No
First
Apr 7, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,490
$28,579
6%
93%
$2,357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,357/mo
$-567/mo
8.1%

City: Houston

18123 Dorman Draw Ln | Property Details | No Agent List