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$983,000

NAL Estimated Property Value

3804 Olde Bourbon Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,769 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1356720010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 BOURBON COURT
Census Tract531000
Assessed Land Value$179,478
Assessed Improvement Value$386,075
Assessment Year2025

About this property

From award-winning homebuilder, ROC Homes, this 3-story freestanding new construction home is estimated to be complete by April 2021. Inquire with the builder about your personalization options and finishes! Our intimate Oak Grove community includes an exclusive picnic area & dog park, and is in a walkable neighborhood surrounded by family-friendly local shops, restaurants and breweries. It's also walking distance from American Legion Park with a baseball/softball field, and close to major freeways so work will be closer to home and the commute to meet friends and family short.

Investor Tools

Property Icon
$983,000
Estimated Property Value
$383,617Estimated Mortgage Balance
$599,383Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,898 /month
Positive
Cash Flow Estimate:
$1,966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,077/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,003
$565,553
2025
$179,478
$386,075
$565,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,003
$565,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$424,132
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,617
$616,383
61%
39%
$2,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,043/mo
$-1,321/mo
2.1%

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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3804 Olde Bourbon Ln | Property Details | No Agent List