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$228,000

3711 Black Locust Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.52 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,425 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1059300040013
SubdivisionInwood Pines
Land UseResidential
Legal DescriptionRES D13 BLK 7 INWOOD PINES SEC 2
Census Tract533100
Assessed Land Value$49,614
Assessed Improvement Value$161,313
Assessment Year2025

About this property

Remodeled 3 bedroom home in great condition and ready to move in. Updates include; new two tone paint in-out, tile floors, carpet, crown molding, fixtures, etc. Remodeled kitchen with white cabinets, granite counter-tops, back-splash tile, new fixtures and new stainless steel-appliances. Recent roof. New central A/C and heater. Remodeled bathrooms. Good size bedrooms with new ceiling fans. Spacious back yard with a large gazebo. Did not flood during Harvey and not in a flood zone.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$243,311Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,141
$210,927
2025
$49,614
$161,313
$210,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,141
$210,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Stand Alone Second / Subordinate Position
$243,311
No
First
Apr 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,370
N/A
0%
197%
$2,918/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,178/mo
$-1,456/mo
9.1%

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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3711 Black Locust Dr | Property Details | No Agent List