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$352,314

8123 Devonwood Ln, Houston, TX, 77070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,006 Sq Ft
price_per_sqft$0.86 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,276 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1034730000011
Lot Number11
SubdivisionPrestonwood Forest
Land UseResidential
Legal DescriptionLT 11 BLK 5 PRESTONWOOD FOREST SEC 1
Census Tract552702
Assessed Land Value$70,283
Assessed Improvement Value$282,031
Assessment Year2025

About this property

This stunning 4-bedroom, 2 1/2 bath home in Prestonwood Forest is a dream come true. With a spacious open floor plan, built-in bar, and formal dining area, it's perfect for entertaining. Relax by the pool and patio all summer long. Appliances included are washer, dryer and refrigerator. The yard and pool maintenance are covered in the monthly rental. Located near Vintage Park for dining and entertainment. Don't miss out on the opportunity to call 8123 Devonwood home. Schedule your showing !

Investor Tools

Property Icon
$352,314
Estimated Property Value
$196,800Estimated Mortgage Balance
$179,629Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,114 /month
Positive
Cash Flow Estimate:
$705 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,397
$352,314
2025
$70,283
$282,031
$352,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,397
$352,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$196,800
No
First
Feb 12, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,685
$179,629
50%
49%
$1,180/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,180/mo
+$1,560/mo
9.3%

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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8123 Devonwood Ln | Property Details | No Agent List