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$298,000

NAL Estimated Property Value

8226 Schaffer Ln, Houston, TX, 77070

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.39 / sqft
Year BuiltBuilt in 1973

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
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size13,416 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN1034700000005
Lot Number5
SubdivisionPrestonwood Forest
Land UseResidential
Legal DescriptionLT 5 BLK 2 PRESTONWOOD FOREST SEC 1
Census Tract552702
Assessed Land Value$72,701
Assessed Improvement Value$203,861
Assessment Year2025

About this property

1-Story with Huge Covered Patio for Relaxing & Entertaining! *Beautiful H-S Wood Floors throughout - No carpet! *Lots of Storage *High Ceilings Accented by Wood Beams & Pretty Corner FP in Family Room plus cool Ceiling Fan! *Kitchen Granite *Tile/Glass Backsplash *SS Appliances *Gas Cooktop! *Oil Rubbed Fixtures *Dining converted to Spacious Walk-in Pantry--Room to Stock up on Groceries plus storage for China, Kitchen Gadgets & Small Appliances! *Stay organized w/Custom ELFA Closet System *Primary Bath just remodeled w/large Walk-in Shower, Dual Shower Heads, Frameless Glass & Soft Close Barndoor entrance (plumbing available for extra sink) *Soft Close Cabinets & Drawers in both Baths *Oil-Rubbed Fixtures *1/2 Garage has A/C & Heat via Mini-Split unit - can be Man Cave, Game Room or Home School Room! Extra Parking *Prestonwood Forest offers Family Pool, Clubhouse & Tennis Courts! Cy-Fair ISD! Convenient Shopping & Restaurants plus St. Luke's/Methodist Hospitals within 1-2 miles!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$137,837Estimated Mortgage Balance
$160,163Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
$702/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,298
$276,562
2025
$72,701
$203,861
$276,562
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,298
$276,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$148,720
No
First
Jun 17, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,837
$138,725
50%
46%
$892/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,594/mo
+$1,146/mo
11.0%

City: Houston

8226 Schaffer Ln | Property Details | No Agent List