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Owner Contacts

$469,000

8319 Fairhope Pl, Houston, TX, 77025

Off Market

3 Beds

2 Bath

1,607 Sq Ft

Single Family Residence

$266.96 / sqft

Built in 1952

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size9,222 sqft

Building Information

Year Built1952

Stories1

Garage Spaces2

Land Information

APN0780240150001

Lot Number1

SubdivisionKnollwood Village

Land UseResidential

Legal DescriptionLT 1 BLK 23 KNOLLWOOD VILLAGE SEC 3

Census Tract413301

Assessed Land Value$351,783

Assessed Improvement Value$91,391

Assessment Year2025

About this property

Longtime owner is parting with this bright, clean and well-maintained original home, located in desirable Knollwood Village. Minutes to the Med Center and zoned to acclaimed Bellaire High. Exceptional curb appeal and located on an oversized, 9,200+ sf corner lot with a double-wide driveway. Sunny formal living and dining rooms with real oak hardwoods, crown molding, great neutral colors, arched opening to a cozy den with backyard view. Galley-style kitchen with breakfast bar, gas range, roomy pantry and sunny breakfast area. Private master suite with bedside lighting and shower bath. Two additional bedrooms plus tiled hall bath. Large, fenced backyard with ideal patio for parties. Call us today for a tour.

Investor Tools

$469,000

Estimated Property Value

$321,750Estimated Mortgage Balance

$171,337Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,814 /month

Positive

Cash Flow Estimate:

$938 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$427/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,783

$443,174

2025

$351,783

$91,391

$443,174

Tax History

Year

Tax Paid

Assessed Value

2024

$2,783

$443,174

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$321,750

First

May 16, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,663

$175,337

37%

63%

$1,930/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$1,930/mo

+$110/mo

5.2%

Learn About the Market: Opportunity in Houston

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