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$268,000

NAL Estimated Property Value

2007 Fernspray Ln, Houston, TX, 77084

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,795 Sq Ft
price_per_sqft$153.2 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size7,349 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1113690000064
Lot Number64
SubdivisionMayde Creek Farms
Land UseResidential
Legal DescriptionLT 64 BLK 1 MAYDE CREEK FARMS SEC 1
Census Tract541703
Assessed Land Value$62,475
Assessed Improvement Value$189,719
Assessment Year2025

About this property

Welcome to this spacious home filled with cozy character. This thoughtfully designed layout offers four bedrooms, with the flexibility for one to be used as a home office or flex room. The oversized living room features a big beautiful brick fireplace and soaring vaulted ceilings, creating an open and elegant feel. A generous dining area flows seamlessly into the living space, making it ideal for family gatherings or indoor entertaining. The kitchen is equipped with stainless steel appliances, abundant amount of cabinetry, and a charming breakfast nook. Step outside to a comfortable patio and a perfectly sized backyard, offering a great balance of outdoor space for relaxing or entertaining. This home is conveniently located off I-10 inside a small and well established Katy ISD neighborhood where you can enjoy amenities such the sparkling pool or nice tennis courts which is a 2 minute walk away from your cul-de-sac. Don't let this amazing opportunity pass you by, schedule a tour today!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$264,344Estimated Mortgage Balance
$3,656Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
$565/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,078
$252,194
2025
$62,475
$189,719
$252,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,078
$252,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$265,109
No
First
Mar 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,344
$7,656
2%
99%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,155/mo
+$485/mo
11.8%

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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2007 Fernspray Ln | Property Details | No Agent List