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$348,000

8011 Devon Lee Ct, Houston, TX, 77040

SoldInfo
7/10/26
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.04 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,717 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1343050020025
Lot Number25
SubdivisionTerrace Brook
Land UseResidential
Legal DescriptionLT 25 BLK 2 TERRACE BROOK SEC 6
Census Tract532503
Assessed Land Value$54,350
Assessed Improvement Value$288,116
Assessment Year2025

About this property

Stunning one story home with lots of upgrades and a custom indoor/outdoor patio made to entertain. This home features an updated customized kitchen, an large living room, 3 bedrooms, 2 bathrooms, a formal dining/office space, and custom back patio area. Upon entering you have the formal dining room that could be used for an office, then you enter the main living space that is open the kitchen. The eat-in kitchen has tons of counter space &cabinets, it's gorgeous. The living room has plenty of room for furniture and has a trick built in TV set up. The split floor plan has the primary suite on one side of the living room with the other 2 bedrooms and 2nd full bath on the opposite side. The primary bedroom is good size and the primary bath is very nice w/ separate tub and shower. The awesome extended back patio is an entertainers dream and can be open on nice days or closed with heat and A/C. Plus, you have a dog door to the dog run, extra storage on back, and a large back yard.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$133,484Estimated Mortgage Balance
$251,551Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,107
$342,466
2025
$54,350
$288,116
$342,466
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,107
$342,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$133,484
No
First
Feb 27, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,449
$251,551
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$500/mo
+$1,222/mo
5.9%

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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8011 Devon Lee Ct | Property Details | No Agent List