11Days on Market

1view

$144,630

$152,240

8146 Panay Dr, Houston, TX, 77033

On Market

Just Added

Price Drop

3 Beds

1 Bath

1,120 Sq Ft

Single Family Residence

$129.13 / sqft

Built in 1952

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesGas Range

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,142 sqft

Building Information

Year Built1952

Stories1

Garage Spaces1

Land Information

APN0831140000012

Lot Number12

SubdivisionInwood Terrace

Land UseResidential

Legal DescriptionLT 12 BLK 31 INWOOD TERRACE SEC 4

Census Tract331900

Assessed Land Value$64,481

Assessed Improvement Value$74,327

Assessment Year2025

About this property

Discover the potential of this 3-bedroom, 1-bath home in Houston. Featuring a functional floor plan with comfortable living spaces, this property offers an excellent opportunity for buyers looking to make it their own. The layout provides a welcoming living area, practical kitchen space, and well-sized bedrooms. Outside, the spacious backyard offers plenty of room for outdoor entertaining, gardening, or future enhancements. Conveniently located near major highways, shopping, dining, parks, and everyday amenities, this home combines accessibility with opportunity. A great option for those seeking value and the chance to add personal touches over time.

Investor Tools

$281,016Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,032 /month

Positive

Cash Flow Estimate:

$344 /month

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Victoria Testerman

Mainstay Brokerage, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$336/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,171

$138,808

2025

$64,481

$74,327

$138,808

Tax History

Year

Tax Paid

Assessed Value

2024

$3,171

$138,808

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citibank Na

Commercial

$312,524

First

Mar 10, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$281,016

N/A

163%

$1,874/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,874/mo

$-152/mo

12.0%

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.

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