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Owner Contacts

$293,438

NAL Estimated Property Value

2042 Little Cedar Dr, Houston, TX, 77339

Off Market

4 Beds

2 Bath

1,853 Sq Ft

Single Family Residence

$140.26 / sqft

Built in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,919 sqft

Building Information

Year Built1977

Stories1

Garage Spaces2

Land Information

APN1085120000093

Lot Number93

SubdivisionWoodland Hills Village

Land UseResidential

Legal DescriptionLT 93 BLK 37 WOODLAND HILLS VILLAGE SEC 7

Census Tract251200

Assessed Land Value$63,994

Assessed Improvement Value$229,444

Assessment Year2025

About this property

Terrific one story brick home located on the greenbelt in Kingwood's Woodland Hills Village! This 4 Bedroom, 2 Bath Gem boasts a Formal Dining Room, Large Family Room, and has UPDATES GALORE including Roof, water heater, Kitchen and Baths remodeled, wood laminate flooring throughout the home - all in 2013, plus sprinkler system in 2014, hardiplank siding 2017, HVAC replaced 2018, and interior repainted in 2023! WOW!! The granite counters, new kitchen cabinets with pull out shelves, stainless steel refrigerator (included), gas range, brand new dishwasher, island breakfast bar, along with newer fixtures and modern colors are sure to impress! Convenient to schools, Hwy 69, 99, IAH, shopping and most everything. Truly a wonderful place to call home!

Investor Tools

$293,438

Estimated Property Value

$174,221Estimated Mortgage Balance

$119,217Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,761 /month

Positive

Cash Flow Estimate:

$587 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$339/month

$475/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,603

$293,438

2025

$63,994

$229,444

$293,438

Tax History

Year

Tax Paid

Assessed Value

2024

$2,603

$293,438

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Legend Lending Corp

Conventional

$185,000

First

Mar 13, 2023

Apr 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$174,221

$119,217

40%

59%

$1,110/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,670/mo

$1,585/mo

+$1,085/mo

10.9%

Learn About the Market: Opportunity in Houston

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