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$341,000

NAL Estimated Property Value

221 Mcfarland Rd, Houston, TX, 77060

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.64 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Wood

Exterior

Lot Size18,400 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0452020030115
SubdivisionAbst 898 Wcrr Co
Land UseResidential
Legal DescriptionTRS 11C & 11G ABST 898 WCRR CO SEC 19 BLK 4
Census Tract222402
Assessed Land Value$64,400
Assessed Improvement Value$251,282
Assessment Year2025

About this property

Charming 3 bedroom, 2.5 bath with both formals home on a huge over half an acre corner lot. Home is 2,396 sqft, with 2 car garage, and an additional workshop building on property. Tile on first floor and hard wood flooring upstairs. Home has been recently painted. Property is UNRESTRICTED, NO HOA and NO FLOODING, a perfect opportunity to grow your family or a business as property could also be used as commercial space - BUYER TO DO THEIR OWN DUE DILIGENCE. Easy access to I-45, beltway 8 hardy toll road. A must see to appreciate!

Investor Tools

Property Icon
$341,000
Estimated Property Value
$269,501Estimated Mortgage Balance
$71,499Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$497
$315,682
2025
$64,400
$251,282
$315,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$497
$315,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$294,566
Yes
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,501
$46,181
14%
79%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,767/mo
+$459/mo
7.8%

Learn About the Market: Opportunity in Houston

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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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221 Mcfarland Rd | Property Details | No Agent List