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$366,000

NAL Estimated Property Value

8311 Leader St, Houston, TX, 77036

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.74 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size9,474 sqft

Building Information

Year Built1966
Garage Spaces6

Land Information

APN0900350000005
Lot Number5
SubdivisionSharpstown Country Club Terr
Land UseResidential
Legal DescriptionLT 5 BLK 7 SHARPSTOWN COUNTRY CLUB TERRACE
Census Tract433300
Assessed Land Value$136,930
Assessed Improvement Value$168,939
Assessment Year2025

About this property

Exceptional property in the heart of Sharpstown Country Club Terrace! This rare find features a spacious 3-car garage, meticulously maintained by its longtime homeowner. Offered 'as is,' this home boasts a stunning kitchen with Corian countertops, gas cooktop, and convenient pots & pan drawers. The sizable primary bedroom is a private retreat with a second fireplace, accompanied by a luxurious primary bath with dual sinks, a separate steam shower, tub, and an expansive walk-in closet. Four generously sized secondary bedrooms and ample storage throughout. Ideal for commuters with easy access to Beltway 8, Hwy 59, Westpark Toll, and I-10. Perfectly situated in Chinatown, this home is close to shopping, restaurants, grocery stores, hospitals, and public/private amenities. Don't miss the opportunity to call this property home!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$216,563Estimated Mortgage Balance
$149,437Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,842
$305,869
2025
$136,930
$168,939
$305,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,842
$305,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
General Mortgage Capital Corp
Conventional
$225,000
No
First
Apr 17, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,563
$177,437
45%
59%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,599/mo
+$627/mo
7.3%

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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