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$965,000

NAL Estimated Property Value

8408 Lofland Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,273 Sq Ft
price_per_sqft$432.91 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size17,929 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN0791300080153
Lot Number153
SubdivisionSpring Oaks
Land UseResidential
Legal DescriptionLT 153 BLK 8 SPRING OAKS SEC 2
Census Tract522500
Assessed Land Value$702,423
Assessed Improvement Value$213,950
Assessment Year2025

About this property

Welcome Home!! Beautifully undated three bedroom, two bath home on a huge 17,931 sq ft lot. The home has been painted inside and out, new gutters with screens, new sprinkler system, new custom stained fence, recessed lighting added, new fans, new hardware on doors and much more. The laundry room is now located in the home with a new mini-split and a tankless water heater. Enjoy entertaining outside with a large covered patio and park-like setting. Walking distance to Elementary school and park. Close to amazing dining, great shopping, hospitals, and zoned to top Spring Branch Schools including Memorial High School. A must see!

Investor Tools

Property Icon
$965,000
Estimated Property Value
$0Estimated Mortgage Balance
$965,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,904 /month
Positive
Cash Flow Estimate:
$1,968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,984
$916,373
2025
$702,423
$213,950
$916,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,984
$916,373

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$946,000
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
2.1%

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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8408 Lofland Dr | Property Details | No Agent List