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$244,000

NAL Estimated Property Value

8321 Homewood Ln, Houston, TX, 77028

$263,365 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths3,342 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.8 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size10,450 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN0813370000071
Lot Number71
SubdivisionRoane Oaks
Land UseResidential
Legal DescriptionLT 71 BLK 4 ROANE OAKS SEC 2
Census Tract231000
Assessed Land Value$52,675
Assessed Improvement Value$189,371
Assessment Year2025

About this property

Unique opportunity! Triplex has been completely remodeled and ready for new owners. Great for owner occupants or great for landlord investors. Unit 1 is 2 beds, 2 baths. Unit 2 is 3 beds, 1 bath. Unit 3 (apartment) is 1 bed, 1 bath. There is also a detached efficiency in the backyard that has running water and a half bath. Currently being used as storage. Nice corner lot allows for additional parking. Drive by only. Currently tenant occupied month to month.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$175,483Estimated Mortgage Balance
$68,517Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$263,364
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,128
$242,046
2025
$52,675
$189,371
$242,046
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,128
$242,046

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Unknown
$183,825
No
First
Nov 16, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,483
$92,517
34%
72%
$1,103/mo

City: Houston

8321 Homewood Ln | Property Details | No Agent List