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$314,000

NAL Estimated Property Value

3906 Otterbury Dr, Houston, TX, 77039

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,900 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,743 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1042000000661
Lot Number661
SubdivisionHigh Meadows
Land UseResidential
Legal DescriptionLT 661 BLK 24 HIGH MEADOWS SEC 7
Census Tract222900
Assessed Land Value$39,146
Assessed Improvement Value$195,453
Assessment Year2025

About this property

MOTIVATED SELLER! Wonderful, open and cozy 2 bedroom, 1 bathroom home in High Meadows! Wood-like ceramic tile meets beautiful kitchen tile to give a warmth to the home. Recently replaced carpet in bedrooms. The bathroom features two vanity areas with adorable upgrades. All closets are spacious leaving plenty of room for storage. Open floor plan is perfect for entertaining guests - living room, dining room, kitchen and breakfast room all open! Island kitchen features granite counter tops and ample counter space. Seller's removed the garage to build an in-house utility room but replaced it with a carport that fits 2 cars. Additional room in the back of the home leads to backyard. Enormous backyard! Not your typical "new construction" lot! Has a large storage shed in the back for storing yard maintenance equipment, fishing gear, woodworking equipment, etc. Recently replaced: AC (2020), Water Heater (3-5 years old), Roof (6 years old - 30 year roof), Carpet, Tile, Carport, New Fence, Patio

Investor Tools

Property Icon
$314,000
Estimated Property Value
$155,416Estimated Mortgage Balance
$158,584Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,876
$234,599
2025
$39,146
$195,453
$234,599
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,876
$234,599

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$171,830
Yes
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,416
$79,183
33%
49%
$1,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,031/mo
+$691/mo
6.6%

Learn About the Market: Opportunity in Houston

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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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3906 Otterbury Dr | Property Details | No Agent List