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B+
NoAgentList RatingHow are grades calculated? Info

$400,000

42 Cherry Hills Dr, Jersey Village, TX, 77064

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.24 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size5,750 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1224820010009
Lot Number9
SubdivisionLakes Of Jersey Village
Land UseResidential
Legal DescriptionLT 9 BLK 1 LAKES OF JERSEY VILLAGE
Census Tract551704
Assessed Land Value$73,990
Assessed Improvement Value$318,918
Assessment Year2025

About this property

Amazing opportunity to own a one-story Custom Home located in the highly desirable Lakes of Jersey Village which is a private city with private police. Mediterranean style patio home with tile roof, stucco, and four-sided brick. Interior features high ceilings, open kitchen, hardwood floors, fireplace, and a separate office. The kitchen features stainless steel appliances, plenty of cabinet storage, tile backsplash, massive granite countertops, and a breakfast nook. Primary suite offers high ceiling, dual sinks, separate tub/frameless glass shower, bright countertop and tiles, and huge walk-in closet. Exterior boasts beautiful landscaping, sprinkler system, fenced backyard, cover patio, built in kitchen, quiet neighborhood, and double driveway two car garage. Recently replace water heater. Approximately 20 mins from IAH Int. airport, Downtown Houston, Galleria, Outlet mall, easy access to 290 and beltway 8. Desirable Cypress Fairbanks ISD. Walking distance to Golfing in Jersey Meadows.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,478 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,693
$392,908
2025
$73,990
$318,918
$392,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,693
$392,908

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$401,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$625/mo
+$1,355/mo
5.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Jersey Village

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42 Cherry Hills Dr | Property Details | No Agent List