3view

Owner Contacts

$875,000

NAL Estimated Property Value

3812 Olde Bourbon Lane, Houston, TX, 77018

Off Market

3 Beds

3 Bath

2,353 Sq Ft

$174.25 / sqft

Built in 2021

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size2,143 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1356720010013

Lot Number13

Land UseResidential

Legal DescriptionLT 13 BLK 1 BOURBON COURT

Census Tract531000

Assessed Land Value$203,276

Assessed Improvement Value$334,850

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 May 2021, 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 it's close to major freeways so work will be closer to home and the commute to meet friends and family short.

Investor Tools

$875,000

Estimated Property Value

$299,379Estimated Mortgage Balance

$575,621Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,250 /month

Positive

Cash Flow Estimate:

$1,750 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$990/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,510

$538,126

2025

$203,276

$334,850

$538,126

Tax History

Year

Tax Paid

Assessed Value

2024

$7,510

$538,126

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Greatwall Inc

Conventional

$330,356

First

Jun 21, 2021

Jul 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,379

$575,621

65%

34%

$1,981/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,481/mo

$-759/mo

2.4%

Learn About the Market: Opportunity in Houston

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 This Area