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$449,000

827 Garden Trace Ln, Houston, TX, 77018

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.81 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,435 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1240900020016
Lot Number16
SubdivisionGarden Oaks Court
Land UseResidential
Legal DescriptionLT 16 BLK 2 GARDEN OAKS COURT
Census Tract530200
Assessed Land Value$124,287
Assessed Improvement Value$260,744
Assessment Year2025

About this property

This wonderful gated community offers a serene atmosphere in a hectic city! Located close to freeways, neighboring eating establishments, schools and churches, you will love living in this beautiful community. This freestanding home has been remodeled and features beautiful flooring, designer colors and touches and larger rooms. All your living areas are downstairs. Kitchen, breakfast and living rooms all flow well & are perfect for entertaining. All the bedrooms are up including the utility area. The primary bedroom & bath are wonderful and you will love all the space these room have! Extra sitting area in the bedroom, and a spa like feel in the bathroom!! Wait until you see the primary walk in closets! The other two bedrooms upstairs have lots of room for your guest and also features a spa like bathroom complete with glass enclosed shower! 2" plantation shutters throughout the house. Lots of windows for natural lighting. 2 car attached garage complete this wonderul home!

Investor Tools

$290,496Estimated Mortgage Balance
$193,504Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$385,031
2025
$124,287
$260,744
$385,031
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$385,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$325,000
No
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,496
$193,504
39%
60%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,174/mo
$-452/mo
4.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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