$296,000
NAL Estimated Property Value8038 Carvel Ln, Houston, TX, 77036
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size8,403 sqft
Building Information
Year Built1966
Stories1
Garage Spaces2
Land Information
APN0933350000019
SubdivisionSharpstown Country Club Terr 2
Land UseResidential
Legal DescriptionTR 19 BLK 34 SHARPSTOWN COUNTRY CLUB TERRACE SEC 2
Census Tract433300
Assessed Land Value$135,000
Assessed Improvement Value$152,596
Assessment Year2025
About this property
Located on a corner lot, this renovated home offers a highly functional floor plan and an updated kitchen. Wood flooring extends throughout the house, with tile in the bathrooms and closets. All exterior siding had been replaced with hardy planks. AC is 4 years old and roof is about 8 years old. The property includes a detached garage and is close to a wide range of stores and restaurants. Room dimensions are approximate and should be independently verified.
Investor Tools
$296,000
Estimated Property Value
$0Estimated Mortgage Balance
$296,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
$280/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,339
$287,596
2025
$135,000
$152,596
$287,596
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,339
$287,596
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$280/mo
+$1,946/mo
9.0%
