$242,000
NAL Estimated Property Value4903 Forthbridge Dr, Houston, TX, 77084
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size6,599 sqft
Building Information
Year Built1976
Stories1
Garage Spaces2
Land Information
APN1090500000024
Lot Number24
SubdivisionGlencairn
Land UseResidential
Legal DescriptionLT 24 BLK 22 GLENCAIRN SEC 3
Census Tract541603
Assessed Land Value$56,100
Assessed Improvement Value$174,018
Assessment Year2025
About this property
Great home in Glencairn subdivision that is conveniently located near several shopping centers and restaurants. Property did not flood during Hurricane Harvey.
Investor Tools
$242,000
Estimated Property Value
$165,169Estimated Mortgage Balance
$76,831Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,549
$230,118
2025
$56,100
$174,018
$230,118
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,549
$230,118
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstone Financial Services Inc
Conventional
$173,600
No
First
Sep 11, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,169
$70,831
30%
68%
$1,041/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,416/mo
+$624/mo
10.1%
