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$415,000

NAL Estimated Property Value

2242 Foreland Dr, Houston, TX, 77077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.63 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,322 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1143200040030
Lot Number30
SubdivisionReflections
Land UseResidential
Legal DescriptionLT 30 BLK 4 REFLECTIONS SEC 1
Census Tract451405
Assessed Land Value$137,430
Assessed Improvement Value$266,137
Assessment Year2025

About this property

Welcome to your private oasis found at 2242 Foreland Drive! Featuring 4 bedrooms, 2 bathrooms, 2,224 sqft on a 9,324 sqft CUL-DE-SAC LOT in a charming West Houston neighborhood! Boasting a spectacular backyard highlighting a sparkling POOL, lush landscaping, an expansive pool deck, and covered patio complete with a ceiling fan! This gem of a home has received many wonderful upgrades and improvements. Open living space is stunning, highlighting soaring high ceilings, an array of large windows, natural Hickory floors, and a beautiful fireplace. Gorgeous plantation shutters throughout the home, spectacular master suite, beautiful floors, enclosed courtyard. Fantastic West Houston location easy access to Highway 6, Westheimer, and Westpark Tollway. Low tax rate! Schedule your private showing of this incredible home today!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$311,341Estimated Mortgage Balance
$103,659Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,292
$403,567
2025
$137,430
$266,137
$403,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,292
$403,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$322,059
Yes
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,341
$99,659
24%
75%
$1,992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,962/mo
$-82/mo
8.3%

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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2242 Foreland Dr | Property Details | No Agent List