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Days148Days on Market
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$599,000

4315 Fernwood Drive, Houston, TX, 77021

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.16 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringWood

Exterior

Lot Size7,841 sqft

Building Information

Year Built1960
Stories2
Garage Spaces2

Land Information

APN0611390170019
Lot Number19
SubdivisionRiverside Terrace
Land UseResidential
Legal DescriptionLT 19 BLK 65 RIVERSIDE TERRACE SEC 20
Census Tract313201
Assessed Land Value$235,200
Assessed Improvement Value$214,996
Assessment Year2025

About this property

This spacious two-story home features 5 bedrooms and 2.5 baths, along with a 2-car garage and extra storage space. Recent updates include granite countertops, wood flooring, and elegant crown molding. The primary suite is located on the main floor and offers dual walk-in closets. Enjoy outdoor living with a covered patio and gated driveway. Ideally situated near downtown, the Texas Medical Center, and the Museum District, this home combines comfort with convenience.

Investor Tools

$482,436Estimated Mortgage Balance
$110,564Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Darrell Anderson

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$804/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,680
$450,196
2025
$235,200
$214,996
$450,196
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,680
$450,196

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Fha
$474,251
Yes
First
Nov 13, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$482,436
$110,564
18%
81%
$3,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,031/mo
$-1,309/mo
3.5%

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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4315 Fernwood Drive | Property Details | No Agent List