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$492,000

NAL Estimated Property Value

4814 Mcdermed Dr, Houston, TX, 77035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,243 Sq Ft
price_per_sqft$231.83 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size8,159 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0852020000020
Lot Number20
SubdivisionWillow Meadows
Land UseResidential
Legal DescriptionLT 20 BLK 20 WILLOW MEADOWS SEC 2
Census Tract420300
Assessed Land Value$258,019
Assessed Improvement Value$208,095
Assessment Year2025

About this property

Never flooded !! Nicely updated/remodeled 3 bedroom/2bath home in the medical center area of Willow Meadows. Enjoy the large fenced back yard with patio and gorgeous shade tree. Freshly painted . Refinished hardwood flooring throughout ( no carpet in house). Formal living and dining rooms plus large family room opening to kitchen and breakfast room. Features include a wine storage alcove off of dining room, granite counters, plantation shutters, a paneled sliding barn style door between living room and family room, energy saving double pane windows, and an extra large walk in storage closet off of family room. Refrigerator included. Separate utility room and two car attached garage Easy access to Loop 610 and local restaurants and shopping.

Investor Tools

Property Icon
$492,000
Estimated Property Value
$441,397Estimated Mortgage Balance
$50,603Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,208
$466,114
2025
$258,019
$208,095
$466,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,208
$466,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$465,500
No
First
Jul 31, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,397
$38,603
8%
90%
$2,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,187/mo
$-1,465/mo
4.2%

City: Houston

4814 Mcdermed Dr | Property Details | No Agent List