$394,000
NAL Estimated Property Value818 Noble Springs Rd, Houston, TX, 77062
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size8,076 sqft
Building Information
Year Built1987
Garage Spaces2
Land Information
APN1166590030032
Lot Number32
SubdivisionBay Knoll
Land UseResidential
Legal DescriptionLT 32 BLK 3 BAY KNOLL SEC 1
Census Tract340800
Assessed Land Value$68,016
Assessed Improvement Value$268,316
Assessment Year2025
About this property
Large, 2-story, brick home in a great neighborhood. Zoned to CCISD. This home includes a large living room with a gas fireplace, formal dining area, and a den. Beautiful kitchen with well-lit breakfast area. Crown molding throughout, 2” blinds. Primary bath includes garden tub, double sinks, separate shower. 4th bedroom is off primary bedroom. All bedrooms are upstairs, and are all a nice size, with ceiling fans. Detached garage, and big backyard with plenty of room to run around. Ready for new tenants mid-May. Preview today.
Investor Tools
$394,000
Estimated Property Value
$233,626Estimated Mortgage Balance
$160,374Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,795
$336,332
2025
$68,016
$268,316
$336,332
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,795
$336,332
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$235,332
No
First
Dec 11, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,626
$153,374
39%
59%
$1,411/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,411/mo
+$311/mo
5.2%
