4Days on Market

1view

$199,900

510 Mistywood Drive, Houston, TX, 77090

On Market

Just Added

3 Beds

2 Bath

1,771 Sq Ft

Single Family Residence

$112.87 / sqft

Built in 1971

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

FlooringLaminate, Tile

Exterior

Lot Size6,821 sqft

Building Information

Year Built1971

Stories1

Garage Spaces2

Land Information

APN1004180000033

Lot Number33

SubdivisionNorth Forest

Land UseResidential

Legal DescriptionLT 33 BLK 3 NORTH FOREST SEC 1

Census Tract550305

Assessed Land Value$40,394

Assessed Improvement Value$210,858

Assessment Year2025

About this property

Welcome to 510 Mistywood Dr! This well-maintained home offers versatile living space designed for comfort and flexibility. Enjoy spacious living and dining areas, a functional layout, and additional flex rooms that can adapt to your lifestyle needs, whether for a home office, hobby space, fitness area, or guest accommodations. The generous backyard provides plenty of room for outdoor entertaining, gardening, or relaxation. Conveniently located near I-45, FM 1960, shopping, dining, and everyday conveniences, this property offers an excellent combination of space, functionality, and accessibility. Don't miss the opportunity to make it your own!

Investor Tools

$251,252

Estimated Property Value

$0Estimated Mortgage Balance

$35,050Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,508 /month

Positive

Cash Flow Estimate:

$503 /month

Interested in this property?

Rochelle Jones

Aplomb Real Estate

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$256/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,818

$251,252

2025

$40,394

$210,858

$251,252

Tax History

Year

Tax Paid

Assessed Value

2024

$1,818

$251,252

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Aj100k Investments Llc

Purchase Money Mortgage

$234,000

First

Jan 27, 2022

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$216,202

$35,050

13%

86%

$1,415/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,790/mo

$1,765/mo

+$25/mo

8.5%

Learn About the Market: Opportunity in Houston

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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.

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