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$317,251

1922 Corral Dr, Houston, TX, 77090

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.37 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,045 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1059680000002
Lot Number2
SubdivisionPonderosa Forest
Land UseResidential
Legal DescriptionLT 2 BLK 3 PONDEROSA FOREST SEC 8
Census Tract553101
Assessed Land Value$54,050
Assessed Improvement Value$263,201
Assessment Year2025

About this property

Imagine the possibilities with this spacious home in Ponderosa Forest with full of potential and ready for your vision. It offers 5 bedrooms, 3.5 bathrooms, and a flexible layout ideal for customization. The home features a primary bedroom on the main floor as well as an additional primary suite upstairs, providing excellent options for multi-generational living or added privacy. Downstairs includes a dedicated office, a formal dining room, and generous living areas ready for cosmetic updates. Step outside to enjoy a charming front courtyard, perfect for relaxing or creating a welcoming entry, along with second-floor balcony access that adds character and outdoor appeal. With solid bones, ample square footage, and a versatile floor plan, this property is an excellent opportunity for investors, renovators, or buyers looking to create their dream home. Bring your ideas and unlock the full potential of this unique property. Sold as-is. Don’t miss this value-add opportunity!

Investor Tools

Property Icon
$317,251
Estimated Property Value
$242,403Estimated Mortgage Balance
$42,555Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,904 /month
Positive
Cash Flow Estimate:
$635 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$443
$317,251
2025
$54,050
$263,201
$317,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$443
$317,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Unknown
$38,000
No
First
Feb 24, 2020
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,696
$42,555
13%
87%
$1,682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,207/mo
+$113/mo
8.8%

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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1922 Corral Dr | Property Details | No Agent List