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$321,000

NAL Estimated Property Value

731 Redleaf Ln, Houston, TX, 77090

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,273 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.35 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size9,374 sqft

Building Information

Year Built1974
Stories2
Garage Spaces2

Land Information

APN1051050000058
Lot Number58
SubdivisionWestador
Land UseResidential
Legal DescriptionLT 58 BLK 2 WESTADOR SEC 5
Census Tract553202
Assessed Land Value$49,219
Assessed Improvement Value$236,942
Assessment Year2025

About this property

Fantastic investment opportunity for savvy investors or creative individuals longing to design their dream home. This property boasts a generously sized family room with built-ins, a cozy brick fireplace, and a wet bar. Hosting family gatherings is a breeze in the spacious formal dining area. Enjoy the outdoors in the oversized sunroom with sliding glass doors that open to the backyard. A private study provides the perfect workspace for remote professionals. Upstairs, you'll find all bedrooms accompanied by two full bathrooms. The primary suite is exceptionally spacious, complemented by a large walk-in closet and vanity area. The backyard is a gem, featuring an extended patio for outdoor enjoyment. Unleash your vision and seize this excellent opportunity!

Investor Tools

Property Icon
$321,000
Estimated Property Value
$116,982Estimated Mortgage Balance
$204,018Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$332
$286,161
2025
$49,219
$236,942
$286,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$332
$286,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Purchase Money Mortgage
$120,000
No
First
Dec 5, 2024
Jan 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,982
$217,018
64%
36%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,310/mo
+$1,010/mo
8.7%

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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731 Redleaf Ln | Property Details | No Agent List