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$277,000

NAL Estimated Property Value

3218 Barkers Forest Ln, Houston, TX, 77084

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.14 / sqft
Year BuiltBuilt in 1991

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, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,791 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1159770130022
Lot Number22
SubdivisionBarkers Ridge
Land UseResidential
Legal DescriptionLT 22 BLK 13 BARKERS RIDGE SEC 1 R/P
Census Tract541902
Assessed Land Value$61,171
Assessed Improvement Value$206,636
Assessment Year2025

About this property

Welcome to this inviting home in Barkers Ridge zoned to sought-after Katy ISD schools. Ideally located within walking distance to the neighborhood pool, park, and tennis court. Step inside to a spacious family room with a cozy fireplace, a formal dining area for gatherings, and a flexible front room perfect as a home office, playroom, or second living space. The kitchen features granite counters, ample cabinetry, and backyard views. Upstairs, all bedrooms offer comfort and privacy, including a generous primary suite with dual closets and a private ensuite bath. Enjoy peaceful mornings or evening breezes under the backyard pergola swing, surrounded by mature trees and maintained by a full sprinkler system. Updated double-paned windows and durable vinyl plank flooring throughout main areas enhance comfort and efficiency. Seller offering a transferrable home warranty for added peace of mind. Easy access to commuter roads and the Mayde Creek Trail.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$225,342Estimated Mortgage Balance
$51,658Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,717
$267,807
2025
$61,171
$206,636
$267,807
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,717
$267,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$228,000
No
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,342
$52,658
18%
81%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,017/mo
+$623/mo
11.4%

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.

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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3218 Barkers Forest Ln | Property Details | No Agent List