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$390,130

8331 Erasmus Landing Ct, Houston, TX, 77044

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.03 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,989 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1376780040001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 4 BRIDGES ON LAKE HOUSTON SEC 5
Census Tract252003
Assessed Land Value$51,929
Assessed Improvement Value$338,201
Assessment Year2025

About this property

Welcome Home! this amazing rental property features a Study / library with a closet that can be used as a 5th bedroom, open space concept with an amazing kitchen island and beautiful countertops, spacious and renovated primary bedroom with an amazing closet, stainless steal appliances and super nice backyard ready for the summer grilling, beautiful parks and walking trails just 3 minutes to the lake access.

Investor Tools

Property Icon
$390,130
Estimated Property Value
$275,850Estimated Mortgage Balance
$143,566Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,341 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,640
$390,130
2025
$51,929
$338,201
$390,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,640
$390,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$275,850
No
First
Nov 10, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,564
$143,566
36%
63%
$1,654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,654/mo
+$1,136/mo
8.6%

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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8331 Erasmus Landing Ct | Property Details | No Agent List