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$248,000

NAL Estimated Property Value

4318 Black Locust Dr, Houston, TX, 77088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.99 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size8,895 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1024330000007
Lot Number7
SubdivisionInwood Forest
Land UseResidential
Legal DescriptionLT 7 BLK 3 INWOOD FOREST SEC 9
Census Tract533100
Assessed Land Value$53,364
Assessed Improvement Value$184,544
Assessment Year2025

About this property

This Inwood gem with owner's suite downstairs plus 3 more large bedrooms and large flex room up is the ideal floor plan. This spacious one-owner home is well maintained. With both formals and the flex room you will have so many options for working and/or schooling from home. Upgrades include solid wood cabinets, solid surface counters, brand new walk-in shower in primary bathroom, new Trane HVAC in 2018. So much curb appeal with this house from the lovely brick and wide front porch to the huge yard & mature trees. The fenced back yard features a covered back patio, wood deck & storage shed. Inwood Forest is located on a retired golf course with over 200 acres of green space, miles of hike and bike trails, disc golf and more. This could be your private oasis in the city. Convenient access to 45, 290, 249 and 610. No Harvey flooding and not located in floodplain, only flooded once, TS Allison in 2001. Harris Co Flood Control widened bayous & added detention basins & no flooding since.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$180,190Estimated Mortgage Balance
$67,810Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,503
$237,908
2025
$53,364
$184,544
$237,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,503
$237,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$200,790
No
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,190
$65,810
26%
73%
$1,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,519/mo
+$707/mo
10.8%

City: Houston

4318 Black Locust Dr | Property Details | No Agent List