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$989,000

NAL Estimated Property Value

351 Indian Bayou, Houston, TX, 77057

$1,178,082 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,035 Sq Ft
price_per_sqft$221.78 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringMarble, Slate, Wood

Exterior

Lot Size4,678 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN1150960030006
Lot Number6
SubdivisionIndian Bayou
Land UseResidential
Legal DescriptionLT 6 BLK 3 INDIAN BAYOU
Census Tract431600
Assessed Land Value$239,412
Assessed Improvement Value$637,588
Assessment Year2025

About this property

Custom patio home in gated enclave offering a lock and leave lifestyle and the ultimate in convenience. Stunning grand foyer offers 14' ceilings, travertine & marble floors and double door entry with floor to ceiling windows. This home is prime for entertaining & has a very spacious, comfortable floor plan. Handsome paneled living room with stone fireplace and custom built ins, bar area offers a welcoming space for family & friends. Galley style kitchen with breakfast bar open to Dining room with stone fireplace. Stone cased openings are a special detail. Study area could also be a formal living room. Full bath & powder room down. Upstairs has spacious primary suite, great storage in multiple closets & lavish primary bath. Wood flooring upstairs. Flex space has been used as a game room. Secondary bedrooms share a Hollywood bath. Side courtyard & walkway has wrought iron gate for extra privacy. Enjoy a Tanglewood address with SBISD schools. A great opportunity.

Investor Tools

Property Icon
$989,000
Estimated Property Value
$644,191Estimated Mortgage Balance
$344,809Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,178,081
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,021/month
$2,056/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,302
$877,000
2025
$239,412
$637,588
$877,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,302
$877,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$657,750
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$644,191
$344,809
34%
65%
$3,944/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$6,000/mo
$-3,380/mo
3.2%

City: Houston

351 Indian Bayou | Property Details | No Agent List