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$371,000

3118 Misty Brook Ln, Houston, TX, 77084

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.5 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWine Refrigerator, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,024 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1159790090018
Lot Number18
SubdivisionBarkers Ridge
Land UseResidential
Legal DescriptionLT 18 BLK 9 BARKERS RIDGE SEC 3 R/P
Census Tract541901
Assessed Land Value$65,636
Assessed Improvement Value$287,606
Assessment Year2025

About this property

Discover your dream home! This exquisite 5-bedroom, 3.5-bathroom property is located in a desirable neighborhood near Katy, boasting a low tax rate. It falls within the boundaries of the highly acclaimed Katy ISD schools. The home features elegant engineered hardwood floors, a warm fireplace, and a kitchen equipped with abundant storage, a wine cooler, a gas cooktop, and granite countertops. The spacious game room and covered patio are perfect for entertaining. Additional benefits include a detached garage and extra parking space. The master suite offers a double sink vanity and a shower/tub combination, while a secondary bedroom has a Jack and Jill vanity and shower. Enjoy a luxurious lifestyle with exclusive community amenities such as a pristine swimming pool, tennis courts, and well-maintained communal areas for picnics, playgrounds, and walking/biking trails, all just moments from your new home. Act quickly to secure this gem—schedule your showing today!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$407,615Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
$585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,629
$353,242
2025
$65,636
$287,606
$353,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,629
$353,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$407,615
Yes
First
Nov 12, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,062
N/A
0%
109%
$2,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$3,029/mo
$-389/mo
8.5%

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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3118 Misty Brook Ln | Property Details | No Agent List