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$220,000

3414 Black Locust Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.33 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,614 sqft

Building Information

Year Built1975
Stories1
Garage Spaces1

Land Information

APN1059350000013
Lot Number13
SubdivisionInwood Pines
Land UseResidential
Legal DescriptionLT 13 BLK 10 INWOOD PINES SEC 3
Census Tract533100
Assessed Land Value$50,490
Assessed Improvement Value$153,307
Assessment Year2025

About this property

One of a kind opportunity to purchase a heavily upgraded home in Inwood Pines. Updates include new soft close cabinets in kitchen/bathrooms(2024), PEX plumbing in walls and attic(2024), new luxury vinyl plank(2025), new carpet(2025), new doors(2024), new hvac system with duct work(2025), new walk-in master shower(2024), new quartz countertops(2025), new stainless steel appliances(2025), new blinds(2025), new leaded glass front door and so much more. Hurry, priced under market for quick sale. Won’t last long!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$236,634Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,474
$203,797
2025
$50,490
$153,307
$203,797
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,474
$203,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Unknown
$236,634
No
First
Apr 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,112
N/A
0%
106%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,719/mo
+$3/mo
9.4%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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3414 Black Locust Dr | Property Details | No Agent List