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Owner Contacts

$893,000

NAL Estimated Property Value

3809 Olde Bourbon Ln, Houston, TX, 77018

Off Market

4 Beds

4 Bath

2,397 Sq Ft

Single Family Residence

$189.82 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size2,056 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1356720010004

Lot Number4

Land UseResidential

Legal DescriptionLT 4 BLK 1 BOURBON COURT

Census Tract531000

Assessed Land Value$199,027

Assessed Improvement Value$375,973

Assessment Year2025

About this property

From award-winning homebuilder, ROC Homes, this 2-story freestanding new construction features a rare "1st Floor Lifestyle" in the heart of Oak Forest. The 1st floor features your kitchen, living and casual dining space, and all bedrooms are on the 2nd floor. Home is estimated to be complete by December/January 2020, so now is the perfect time to come in our ROC Studio and personalize your 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

$893,000

Estimated Property Value

$587,049Estimated Mortgage Balance

$305,951Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,358 /month

Positive

Cash Flow Estimate:

$1,786 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,086/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,566

$575,000

2025

$199,027

$375,973

$575,000

Tax History

Year

Tax Paid

Assessed Value

2024

$8,566

$575,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pinnacle Funding Group Inc

$593,975

Yes

First

Sep 29, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$587,049

$320,951

35%

66%

$3,562/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$4,062/mo

$-1,836/mo

3.0%

Learn About the Market: Opportunity in Houston

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