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$202,000

NAL Estimated Property Value

715 Cherry Valley Dr, Houston, TX, 77336

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,450 Sq Ft
price_per_sqft$151.38 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Lot Size8,163 sqft

Building Information

Year Built1968
Garage Spaces2

Land Information

APN0993440000023
Lot Number23
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLT 23 BLK 33 LAKEWOOD HEIGHTS SEC 4
Census Tract251701
Assessed Land Value$43,724
Assessed Improvement Value$156,676
Assessment Year2025

About this property

Never Flooded! Single owner since 2008! Well maintained 4 bedroom/2 bath home within walking distance of Huffman Elementary School. Open concept living area, high-quality laminate floors throughout, custom kitchen cabinets and a large custom island, both with beautiful granite countertops, two remodeled bathrooms with custom tile shower surrounds and new fixtures, new light fixtures and fresh paint throughout, a thin brick media wall in the living room that accommodates up to 3 TVs for the sports fan, and a wooden wall spanning from the front door to the rear corner of the living room. Outside of the home, there’s a large, covered flagstone patio, a large backyard and fenced-off side yard, and fresh landscaping all of the way around. Three sides of the fence were replaced in summer 2018 and the roof was replaced in summer 2019. Lakewood Heights has a private boat launch, neighborhood pool on the water, and parks for the residents. Schedule a private showing today!!!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$245,887,435Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,317 /month
Positive
Cash Flow Estimate:
$439 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,219
$200,400
2025
$43,724
$156,676
$200,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,219
$200,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Mortgage Company
Commercial
$267,752,000
No
First
Jan 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,887,435
N/A
0%
121726%
$1,605,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,605,309/mo
$-1,603,083/mo
13.2%

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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715 Cherry Valley Dr | Property Details | No Agent List