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$1,750,000

4004 Fernwood Drive, Houston, TX, 77021

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$388.89 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size9,453 sqft

Building Information

Year Built1947
Stories2
Garage Spaces3

Land Information

APN0611390100035
Lot Number35
SubdivisionRiverside Terrace
Land UseResidential
Legal DescriptionLT 35 BLK 78 RIVERSIDE TERRACE SEC 18
Census Tract313201
Assessed Land Value$251,570
Assessed Improvement Value$97,122
Assessment Year2025

About this property

Exceptional custom home opportunity on one of the most prestigious streets in Riverside Terrace. Offered by Influence Luxury Homes, one of the area's premier custom builders, this rare offering allows buyers to create a fully customized luxury residence tailored to their lifestyle. The current concept features approximately 4,500 SF of thoughtfully designed living space with a 3-car garage, resort-style pool, expansive outdoor living areas, and timeless Southern Colonial architecture. The existing home remains on the property and will be removed prior to construction. Buyers may choose to build the proposed design or collaborate directly with the builder to create a completely custom plan. Pricing includes lot acquisition, design, construction of a 4,500 SF custom home, 3-car garage, and pool. An unparalleled opportunity to build a legacy home in one of Houston's most sought-after historic neighborhoods.

Investor Tools

$299,568Estimated Mortgage Balance
$89,432Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

Interested in this property?

Ayesha Shelton

Braden Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,296
$348,692
2025
$251,570
$97,122
$348,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,296
$348,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tidal Loans Llc
Unknown
$300,000
No
First
Apr 10, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,568
$89,432
22%
77%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,799/mo
$-77/mo
5.3%

City: Houston

4004 Fernwood Drive | Property Details | No Agent List