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Owner Contacts

$214,000

NAL Estimated Property Value

24223 Red Deer Dr, Houston, TX, 77336

Off Market

4 Beds

2 Bath

1,698 Sq Ft

Single Family Residence

$121.32 / sqft

Built in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size8,999 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN0870070000374

Lot Number374

SubdivisionLakewood Heights

Land UseResidential

Legal DescriptionLT 374 BLK 12 LAKEWOOD HEIGHTS SEC 2

Census Tract251701

Assessed Land Value$44,415

Assessed Improvement Value$169,345

Assessment Year2025

About this property

Beautiful Home within walking distance from Lake Houston! Don't miss out on this lovely 4 bedroom, 2 bathroom home with all the upgrades. The beautiful kitchen features lovely counter tops and opens to spacious living room that includes beautiful cedar beams, updated fireplace and custom made shelving. Beautiful tile flooring throughout home- NO CARPET! This home also includes new roof 2021, double pane windows, new electrical outlets/coverings and fresh paint indoor and outdoor. Oversized backyard with beautiful mature Burr Oak tree in the front yard and crepe myrtle in back. This home also features a large shed/mancave in the back yard and covered area for lawn equipment etc. Zoned to highly desired Huffman School Districts and just minutes away from Grand Parkway 99, Highway 59 and IAH!! Never flooded! Schedule your showing today! NEVER FLOODED

Investor Tools

$214,000

Estimated Property Value

$143,918Estimated Mortgage Balance

$70,082Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,284 /month

Positive

Cash Flow Estimate:

$428 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$299/month

$170/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,514

$213,760

2025

$44,415

$169,345

$213,760

Tax History

Year

Tax Paid

Assessed Value

2024

$2,514

$213,760

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Open Mortgage Llc

Unknown

$157,600

First

Oct 18, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$143,918

$87,082

37%

67%

$945/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,115/mo

+$1,111/mo

12.5%

Learn About the Market: Opportunity in Houston

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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.

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