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$208,000

NAL Estimated Property Value

8041 Howard Dr, Houston, TX, 77017

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,261 Sq Ft
price_per_sqft$170.5 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

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

Exterior

Lot Size7,797 sqft

Building Information

Year Built1946
Stories1
Garage Spaces2

Land Information

APN0591840290026
Lot Number26
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionLT 26 BLK 29 MEADOWBROOK SEC E
Census Tract320601
Assessed Land Value$50,400
Assessed Improvement Value$145,543
Assessment Year2025

About this property

Can you say TWO for the price of ONE!! This is an INVESTORS DREAM or FIRST TIME HOME BUYERS DREAM COME TRUE and is a MUST SEE IN PERSON. This large property is equipped with 2 units and plenty of space to socialize at outdoor gathers. The first unit is a 2 bedroom 1 bath, which includes a breakfast area in the kitchen, dinning area, living room and flex room that can be utilized for an office or play area. The second unit has a studio vibe and is a 1 bedroom 1 bath, which includes a living room area and space for a kitchenette or kitchen. Please note that this property is located close to I-45 and is minutes away from William P. Hobby Airport. Additionally, these homes can be used as Commercial Space to run your business or as a very profitable AirBnb. The opportunities to make multiple streams of income on this property are endless. SCHEDULE YOUR SHOWING TODAY!!!!!

Investor Tools

Property Icon
$208,000
Estimated Property Value
$184,646Estimated Mortgage Balance
$23,354Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,150
$195,943
2025
$50,400
$145,543
$195,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,150
$195,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$202,200
No
First
Oct 18, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,646
$19,354
9%
89%
$1,213/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,213/mo
+$509/mo
9.9%

City: Houston

8041 Howard Dr | Property Details | No Agent List