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$199,521

NAL Estimated Property Value

355 Skywood Dr, Houston, TX, 77090

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,434 Sq Ft
price_per_sqft$129.01 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,882 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN1004200000011
Lot Number11
SubdivisionNorth Forest
Land UseResidential
Legal DescriptionLT 11 BLK 5 NORTH FOREST SEC 1
Census Tract550305
Assessed Land Value$40,432
Assessed Improvement Value$159,089
Assessment Year2025

About this property

Welcome home to this beautifully updated home offering the perfect blend of comfort and style. A spacious double-wide driveway and two-car garage provide plenty of parking, while the inviting front porch is the perfect spot for a bench or rocking chairs. Inside, you’ll find an elegant dining room just off the entry and a spacious living room featuring vaulted ceilings, a cozy wood-burning fireplace, and an open layout that flows seamlessly into the kitchen. Tile flooring extends throughout the home for style and easy maintenance. The spacious primary suite offers a private retreat with an updated en suite bathroom featuring an oversized walk-in shower. Outside, enjoy the large backyard with an extended patio covered by a terrace roof, plus a storage shed for added convenience. From the inviting front porch to the spacious backyard, this home is the perfect place to start your new chapter.

Investor Tools

Property Icon
$199,521
Estimated Property Value
$111,968Estimated Mortgage Balance
$87,553Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,197 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$199,521
2025
$40,432
$159,089
$199,521
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,317
$199,521

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$135,009
Yes
First
Mar 23, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,968
$87,553
43%
56%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,050/mo
+$740/mo
10.8%

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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355 Skywood Dr | Property Details | No Agent List