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$240,000

NAL Estimated Property Value

8410 Homewood Lane, Houston, TX, 77028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,035 Sq Ft
price_per_sqft$113.02 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringVinyl

Exterior

Lot Size8,189 sqft

Building Information

Year Built1965
Stories1

Land Information

APN0813350000036
Lot Number36
SubdivisionRoane Oaks
Land UseResidential
Legal DescriptionLT 36 BLK 2 ROANE OAKS SEC 2
Census Tract231000
Assessed Land Value$51,093
Assessed Improvement Value$148,302
Assessment Year2025

About this property

Beautifully updated single-story home featuring a bright, open layout and spacious living areas. Fresh neutral paint, luxury vinyl plank flooring, recessed lighting, and abundant natural light create a clean, modern feel throughout the main living spaces. The open living and dining areas flow seamlessly into the galley-style kitchen, which offers extensive cabinetry, Quartz countertops, stainless appliances, and excellent storage. Generously sized bedrooms feature new carpet, ceiling fans, and large windows for natural light, while the updated bathrooms showcase modern tile surrounds and contemporary fixtures. A converted garage provides a versatile oversized space that can function as an additional bedroom, game room, or home office. A dedicated utility room adds extra functionality and storage. Outside, enjoy a large backyard with a patio area and plenty of green space—perfect for relaxing, entertaining, pets, or play. Move-in ready with flexible living space for today’s lifestyle.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$235,314Estimated Mortgage Balance
$4,686Estimated Equity
1% 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
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,821
$199,395
2025
$51,093
$148,302
$199,395
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,821
$199,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homewood Lane Houston
Unknown
$235,653
No
First
Apr 23, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,314
$4,686
1%
98%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,413/mo
+$309/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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8410 Homewood Lane | Property Details | No Agent List