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$233,000

NAL Estimated Property Value

8319 Braes River Dr, Houston, TX, 77074

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,423 Sq Ft
price_per_sqft$168.66 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop, Gas Range, Dishwasher, Dryer
FlooringTile

Exterior

Lot Size7,440 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0924150000014
SubdivisionSharpstown
Land UseResidential
Legal DescriptionTRS 13 & 14 BLK 17 SHARPSTOWN SEC 3
Census Tract422800
Assessed Land Value$108,300
Assessed Improvement Value$94,866
Assessment Year2025

About this property

Location, Location, Location !! Beautiful 3 bedroom plus study/office floorplan! This property makes an excellent rental property investment, yields very good rent income , home is right across the street from Bonham Elementary School & Bonham Recreational Park, lovely large back yard with patio, 2 car garage with washer/Dryer connections. Couple of blocks from Hermann Memorial Southwest Hospital , and couple of miles from Houston Christian University. This property has ideal presence and location is accessible to 59 Southwest Freeway and Beltway 8 ! Minutes to Galleria Shopping Mall and Texas Medical Center!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$0Estimated Mortgage Balance
$233,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,251
$203,166
2025
$108,300
$94,866
$203,166
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,251
$203,166

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.9%

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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8319 Braes River Dr | Property Details | No Agent List