$265,000
4843 Drew Forest Ln, Humble, TX, 77346
Under Contract
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile, Vinyl
Exterior
Lot Size6,364 sqft
Building Information
Year Built1994
Garage Spaces2
Land Information
APN1168590080010
Lot Number10
SubdivisionTimber Forest
Land UseResidential
Legal DescriptionLT 10 BLK 8 TIMBER FOREST SEC 1
Census Tract250305
Assessed Land Value$60,543
Assessed Improvement Value$180,892
Assessment Year2025
About this property
Welcome to this well-maintained home with flexible living areas and a covered patio that is conveniently located within walking distance of the community playground and pool. A hard to find home with no carpet throughout the entire house, double paned windows, extra insulation in the attic, and recent updates in 2022 including a new water heater, gas range, and microwave, this home is truly move-in ready. Come make it yours today!
Investor Tools
$226,263Estimated Mortgage Balance
$39,155Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,971
$241,435
2025
$60,543
$180,892
$241,435
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,971
$241,435
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$245,471
Yes
First
Apr 14, 2022
May 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,263
$38,737
14%
85%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,290/mo
$1,822/mo
+$468/mo
10.4%
