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$246,000

NAL Estimated Property Value

518 Barrow Downs Way, Houston, TX, 77034

SoldInfo
8/01/26
Beds3 Beds
Baths2 Bath
Baths1,479 Sq Ft
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Electric Oven, Microwave, Electric Range
FlooringVinyl Plank

Exterior

Lot Size7,200 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1136460000010
Lot Number10,11
SubdivisionSycamore Valley
Land UseResidential
Legal DescriptionLT 10 & S 3 FT OF LT 11 BLK 11 SYCAMORE VALLEY SEC 2
Census Tract340102
Assessed Land Value$43,200
Assessed Improvement Value$155,835
Assessment Year2025

About this property

Very nice and cozy home in an established subdivision. Gorgeous, updated with new tile flooring, paint, and an updated Kitchen, primary bedroom, restroom, and back patio. All kitchen appliances stay with the lease. No back neighbors. Property has never flooded. Easy access to Beltway 8, I-45, and 610 loop.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$63,472Estimated Mortgage Balance
$183,564Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,623
$199,035
2025
$43,200
$155,835
$199,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,623
$199,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affordable Lending Services Inc
Purchase Money Mortgage
$116,400
No
First
May 13, 2008
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,472
$206,528
76%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.4%

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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518 Barrow Downs Way | Property Details | No Agent List