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$232,000

NAL Estimated Property Value

4818 Otterbury Drive, Houston, TX, 77039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
price_per_sqft$137.36 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBack Green Space
Lot Size6,599 sqft

Building Information

Year Built1961
Stories1

Land Information

APN0915390000014
Lot Number14
SubdivisionEastex Freeway Forest
Land UseResidential
Legal DescriptionLT 14 BLK 3 EASTEX FREEWAY FOREST SEC 1
Census Tract223001
Assessed Land Value$34,320
Assessed Improvement Value$174,599
Assessment Year2025

About this property

Welcome to this charming home in Houston! You'll love the mature & manicured landscaping w/towering trees & RV gate w/an extended driveway. The bright & airy interior offers a large living room that serves as the heart of the house & stylish wood-look floors that elegantly contrast with the home's neutral paint. The kitchen is an absolute delight showcasing built-in appliances, white cabinetry, a glass tile backsplash, granite countertops, & a two-way fireplace, which can be enjoyed both from the kitchen & the family room. This unique feature adds warmth & ambiance, making both spaces feel incredibly cozy! The main bedroom is proportioned with a spacious closet & a private ensuite. Outside, the backyard is a tranquil oasis filled with lush green grass & shaded by mature trees. This property embodies the perfect balance of comfort, functionality, and style!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,805
$208,919
2025
$34,320
$174,599
$208,919
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,805
$208,919

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.9%

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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