B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$276,301

NAL Estimated Property Value

302 Cherry Valley Dr, Houston, TX, 77336

Off Market

3 Beds

3 Bath

1,907 Sq Ft

Single Family Residence

$146.83 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size11,700 sqft

Building Information

Year Built2002

Stories1

Garage Spaces2

Land Information

APN0842110000039

Lot Number39,40

SubdivisionLakewood Heights

Land UseResidential

Legal DescriptionLT 39 & W 1/2 OF LT 40 BLK 2 LAKEWOOD HEIGHTS SEC 1

Census Tract251701

Assessed Land Value$45,833

Assessed Improvement Value$230,468

Assessment Year2025

About this property

This beautifully remodeled 3-bedroom, 2-bath home is situated on over 1/4 an acre and offers modern upgrades with classic charm. Featuring a brand-new roof, new HVAC system, freshly installed fence, and resealed windows, this home is move-in ready and energy efficient. The property also includes a convenient carport and a spacious storage building. Located in a desirable community with private boat ramp and lake access, outdoor activities are just steps away. Plus, it's within walking distance to the elementary school, making it ideal for families. Best of all, this home has NEVER FLOODED, offering added security and peace of mind.

Investor Tools

$276,301

Estimated Property Value

$281,220Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,680 /month

Positive

Cash Flow Estimate:

$560 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$305/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,283

$276,301

2025

$45,833

$230,468

$276,301

Tax History

Year

Tax Paid

Assessed Value

2024

$2,283

$276,301

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$274,928

First

Nov 25, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$281,220

N/A

102%

$1,733/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,983/mo

$-261/mo

7.5%

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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