$1,849,000
8202 Burkhart Rd, Houston, TX, 77055
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size25,313 sqft
Building Information
Year Built1953
Stories1
Garage Spaces3
Land Information
APN0771370050046
SubdivisionRidgeley Place
Land UseResidential
Legal DescriptionTRS 45A & 46A BLK 5 RIDGELEY PLACE
Census Tract522500
Assessed Land Value$919,650
Assessed Improvement Value$703,720
Assessment Year2025
About this property
Large wooded lot in highly desired Hilshire Village. Double lot with four bedroom house, three car garage and warm inviting living spaces. Wood floors throughout, floor to ceiling windows, and tons of storage. Great outdoor living spaces are great for grilling, hanging out by the fireplace or firepit. The home is very well maintained, has great neighbors, excellent schools, and ready for your family.
Investor Tools
$407,095Estimated Mortgage Balance
$1,468,905Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,256 /month
Positive
Cash Flow Estimate:
$3,752 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,445/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,964
$1,623,370
2025
$919,650
$703,720
$1,623,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,964
$1,623,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu
Conventional
$402,400
No
First
Sep 15, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,095
$1,468,905
78%
22%
$2,743/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,743/mo
$-517/mo
1.4%
