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$3,063,000

NAL Estimated Property Value

29 Farnham Park, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths6 Bath
Baths5,159 Sq Ft
price_per_sqft$290.66 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size39,200 sqft

Building Information

Year Built1978
Stories2
Garage Spaces4

Land Information

APN0963370000029
Lot Number29
SubdivisionFarnham Park
Land UseResidential
Legal DescriptionLT 29 FARNHAM PARK
Census Tract430400
Assessed Land Value$1,395,618
Assessed Improvement Value$904,382
Assessment Year2025

About this property

Situated on a quiet cul-de-sac within the guard gated Farnham Park community, this home offers captivating panoramic views and luxury amenities. The front walk leads to an extensive deck area overlooking the heavily wooded ravine setting. Enter the front door and behold the dramatic high ceilings and polished interior spaces. Expansive windows allow for an abundance of natural light and a serene indoor/outdoor relationship. Recent renovations include: raised ceilings, updated bathrooms, updated kitchen with quartz and granite counters, over-sized kitchen island, stainless steel appliances, and built-in refrigerator. A very energy efficient home with three recently replaced a/c units, double pane windows, and recent insulation. Private pool area and deck is designed as an escape for family enjoyment and entertaining. Sought after SBISD schools as well as acclaimed private schools nearby. Convenient access to Galleria area restaurants, shops, and recreation facilities. It’s a showplace!

Investor Tools

Property Icon
$3,063,000
Estimated Property Value
$739,576Estimated Mortgage Balance
$2,323,424Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,378 /month
Positive
Cash Flow Estimate:
$6,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,027/month
$7,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,009
$2,300,000
2025
$1,395,618
$904,382
$2,300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,009
$2,300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Imperial Mortgage Inc
Conventional
$822,500
No
First
Feb 10, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,576
$2,323,424
75%
24%
$4,932/mo

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.

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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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