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$258,409

NAL Estimated Property Value

408 Emerald Thicket Ln, Houston, TX, 77336

$266,089 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,755 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size4,373 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1452430010024
Lot Number24
Land UseResidential Single Family
Legal DescriptionLT 24 BLK 1 WOODLAND LAKES SEC 5
Census Tract251701
Assessed Land Value$44,997
Assessed Improvement Value$213,412
Assessment Year2025

About this property

Located on Lake Houston, this spacious 2-story home offers 1,774sqft of living space, featuring 3 bedrooms and 2.5 baths. The kitchen includes 42” cabinets, luxury granite countertops, decorative tile backsplash, a farmhouse-style sink, stainless steel appliances including a 5-burner gas range. Beautiful ceramic plank flooring runs throughout the common areas. The large backyard has a covered patio, ideal for outdoor relaxation. Move-in ready with washer, dryer, and refrigerator included. Schedule your showing today!

Investor Tools

Property Icon
$258,409
Estimated Property Value
$246,590Estimated Mortgage Balance
$11,819Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,088
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,550 /month
Positive
Cash Flow Estimate:
$517 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,741
$258,409
2025
$44,997
$213,412
$258,409
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,741
$258,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$255,782
Yes
First
May 6, 2024
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,590
$14,410
5%
95%
$1,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,534/mo
+$188/mo
8.0%

Learn About the Market: Opportunity in Houston

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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 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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408 Emerald Thicket Ln | Property Details | No Agent List