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$608,000

NAL Estimated Property Value

706 Walnut Bend Ln, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.7 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Wine Refrigerator, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Marble, Tile

Exterior

Lot Size7,915 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0971920000011
Lot Number11
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionLT 11 BLK 29 WALNUT BEND SEC 7
Census Tract450803
Assessed Land Value$177,274
Assessed Improvement Value$405,658
Assessment Year2025

About this property

Sophistication meets charm in this beautifully updated one-story home in the highly sought-after Walnut Bend subdivision. The light-filled, traditional floor plan offers an effortless flow for both everyday living and entertaining, featuring formal living and dining rooms, a spacious kitchen w/island open to the family room, and 3 generous bedrooms with 2 full baths. The utility room off the kitchen includes a convenient dry bar w/wine refrigerator. Notable highlights include exceptional storage throughout, a garage deep enough for a full-size SUV, & a private backyard w/endless potential for outdoor enjoyment. Extensive 2018–2019 updates include new plumbing (supply and sewer), updated electrical, HVAC, water heater, and more(see Improvements list). Ideally located near major thoroughfares, with Terry Hershey Park & Buffalo Bayou Trails less than a mile away. Walnut Bend HOA amenities include tennis & pickleball courts, turfed playground, family pool, & more. All info per Seller.

Investor Tools

Property Icon
$608,000
Estimated Property Value
$476,425Estimated Mortgage Balance
$132,275Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$948/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,338
$582,932
2025
$177,274
$405,658
$582,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,338
$582,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Star Mortgage Financial Group Corp
Unknown
$479,200
No
First
Dec 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,425
$135,575
22%
78%
$2,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$3,874/mo
$-1,994/mo
3.7%

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.

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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706 Walnut Bend Ln | Property Details | No Agent List