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$1,906,000

NAL Estimated Property Value

34 Saddlebrook Ln, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.08 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Slate, Wood

Exterior

Lot Size34,857 sqft

Building Information

Year Built1952
Garage Spaces2

Land Information

APN0813160000008
Lot Number8
SubdivisionSaddlebrook
Land UseResidential
Legal DescriptionLT 8 & ADJ 30 FT ST SADDLEBROOK
Census Tract430102
Assessed Land Value$1,063,992
Assessed Improvement Value$222,008
Assessment Year2025

About this property

Behind the derby fencing that lines Memorial Drive, beyond the exclusive Forest Club, lies the guard-gated community of Saddlebrook. Wooded and deep, the lot is prime for a building a dream home with gorgeous grounds. One of the earliest housing developments in the Memorial area, the close-in location is convenient to 610, I-10, downtown, Galleria, City Centre with the benefit of excellent SBISD schools. Value is in the lot. Home being sold in as-is. Courtyard entry with charming patio areas. 1952 structure has been expanded with two separate upstairs areas. East upstairs is a bedroom area with bath that would also make an excellent second office/library and the west is a media room/man cave with a separate game room area and bath. Both formals, open kitchen to den, primary bedroom down with personal library. Three secondary bedrooms down. Tree lined street view with beautiful homes all around the neighborhood.

Investor Tools

Property Icon
$1,906,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,906,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,436 /month
Positive
Cash Flow Estimate:
$3,812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,910/month
$5,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,384
$1,286,000
2025
$1,063,992
$222,008
$1,286,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,384
$1,286,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,970,000
100%
0%
$0/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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34 Saddlebrook Ln | Property Details | No Agent List