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Owner Contacts

$226,000

NAL Estimated Property Value

8239 Misty Ridge Ln, Houston, TX, 77071

Off Market

3 Beds

2 Bath

1,572 Sq Ft

$145.67 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Refrigerator

FlooringCarpet

Exterior

Lot Size5,672 sqft

Building Information

Year Built1982

Stories1

Garage Spaces2

Land Information

APN1136120000032

Lot Number32

SubdivisionSouthmeadow Patio Homes

Land UseResidential

Legal DescriptionLT 32 BLK 2 SOUTHMEADOW PATIO HOMES SEC 1

Census Tract423600

Assessed Land Value$55,935

Assessed Improvement Value$145,227

Assessment Year2025

About this property

Welcome to 8239 Misty Ridge, located in the South Meadow subdivision. This wonderful home features 3 bedrooms and 2 bathrooms. Additionally this home and open floorplan, wood laminate flooring in the dining and living area, carpet in bedrooms and tile in wet areas as well as a living area with wood burning fireplace. The versatile kitchen offers plenty of space. Primary bedroom with en-suite bath is generously sized and located at the rear of the property. There are two secondary bedrooms. Between the detached garage and the house is a patio, perfect for enjoying the outdoors. Conveniently located with access to Beltway 8 and 59.

Investor Tools

$226,000

Estimated Property Value

$173,513Estimated Mortgage Balance

$52,487Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,374 /month

Positive

Cash Flow Estimate:

$458 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$482/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,656

$201,162

2025

$55,935

$145,227

$201,162

Tax History

Year

Tax Paid

Assessed Value

2024

$4,656

$201,162

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Unknown

$183,300

First

Jun 29, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$173,513

$42,487

19%

77%

$1,099/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,499/mo

+$223/mo

9.1%

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