$306,000
NAL Estimated Property Value8115 Fernbrook Ln, Houston, TX, 77070
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size10,036 sqft
Building Information
Year Built1973
Stories2
Garage Spaces2
Land Information
APN1058040000045
Lot Number45
SubdivisionPrestonwood Forest
Land UseResidential
Legal DescriptionLT 45 BLK 8 PRESTONWOOD FOREST SEC 2
Census Tract552702
Assessed Land Value$70,098
Assessed Improvement Value$230,102
Assessment Year2025
About this property
You are going to LOVE this home in Prestonwood Forest, situated on a 10,000 sq ft + lot on a cul-de-sac street. Recent updates include laminate flooring, tile, granite counter tops, and updated lighting and plumbing fixtures. Conveniently located blocks from Hancock Elementary, and with easy freeway access to Tomball Parkway, Beltway 8, and the Grand Parkway. You CAN be home for the holidays! Stop in and see this 4 bedroom home, ready for you to call your own.
Investor Tools
$306,000
Estimated Property Value
$217,338Estimated Mortgage Balance
$88,662Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$660/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,067
$300,200
2025
$70,098
$230,102
$300,200
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,067
$300,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$224,852
Yes
First
Jan 15, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,338
$98,662
31%
71%
$1,447/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,107/mo
+$633/mo
10.7%
