7view

Owner Contacts

$196,051

NAL Estimated Property Value

8218 Summertree Dr, Houston, TX, 77040

Off Market

2 Beds

2 Bath

1,086 Sq Ft

$192.45 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size3,480 sqft

Building Information

Year Built1983

Garage Spaces1

Land Information

APN1154590040031

Lot Number31

SubdivisionCourtyard Homes 3

Land UseResidential

Legal DescriptionLT 31 BLK 4 COURTYARD HOMES 3 SEC 2

Census Tract532503

Assessed Land Value$45,427

Assessed Improvement Value$150,624

Assessment Year2025

About this property

Move in today, to the growing and up-and-coming north side of Houston. This is a charming and cozy updated home. It has new carpet and flooring, lighting, faucets, and fixtures, fresh paint inside and out, a gorgeous fireplace in the living room. It includes an open kitchen that is connected to the dining room. With big windows that give a lot of natural light. Both bedrooms have a full tub and shower bathroom, and one of them has a walking-in closet, a mirrored closet, and a vanity area. The house includes stainless steel appliances, with brand new quartz countertops, gas range, microwave, water heater. This home is a great start for first-time home buyers and has easy access to both Beltway 8 and the 290 freeway. Near the Jersey Village area and the Sam Houston Race Track.

Investor Tools

$196,051

Estimated Property Value

$184,690Estimated Mortgage Balance

$11,361Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,254 /month

Positive

Cash Flow Estimate:

$418 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$186/month

$230/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,251

$196,051

2025

$45,427

$150,624

$196,051

Tax History

Year

Tax Paid

Assessed Value

2024

$1,251

$196,051

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$200,000

First

Apr 29, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$184,690

$12,310

94%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,430/mo

$-123/mo

8.0%

Learn About the Market: Opportunity in Houston

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