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$6,584,000

NAL Estimated Property Value

3940 Inverness Dr, Houston, TX, 77019

$8,559,200 ARVInfo
Off MarketInfo
Beds5 Beds
Baths11 Bath
Baths11,737 Sq Ft
price_per_sqft$417.48 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 7Bathrooms Full 7
Bathrooms Half 4Bathrooms Half 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Tennis Court(s)
Lot Size2.80 acres

Building Information

Year Built1958
Garage Spaces6

Land Information

APN0601620920031
SubdivisionRiver Oaks Tall Timbers
Land UseResidential
Legal DescriptionTRS 2B-2 & 2C BLK 92 TALL TIMBERS SECTION OF RIVER OAKS
Census Tract411200
Assessment Year2025

About this property

Situated on approximately 2.8 acres, this River Oaks home has been called a 'residential country club'. It has been the setting for many grand events and a motion picture. Situated in a park-like setting, the property offers swimming pools, lighted tennis court, party pavilion, outdoor kitchen and bar, and multi-level patio areas. The outdoor party pavilion is a large covered structure with beamed ceiling, bar area, and stage. Tennis court with gallery seating area. The interior living areas are nicely appointed with detailed moldings and hardwood floors. The formal living and dining rooms offer panoramic views of the wooded landscape. Primary bedroom suite features separate dressing areas and closets, office/sitting area, and fabulous views. The lower level is ideally suited as a large game room and open entertaining area with wetbar and adjoining separate dressing rooms/pool bath. Potential exercise room on the lower level. Truly nothing else like this property in River Oaks!

Investor Tools

Property Icon
$6,584,000
Estimated Property Value
$2,854,291Estimated Mortgage Balance
$3,729,709Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$8,559,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$39,504 /month
Positive
Cash Flow Estimate:
$13,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11,287/month
$4,708/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$102,526
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$102,526
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fundloans Capital Inc
Conventional
$3,000,000
No
First
Sep 29, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,854,291
$3,684,709
56%
43%
$17,987/mo

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.

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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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