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$513,433

NAL Estimated Property Value

8414 Prairie View Dr, Houston, TX, 77088

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,358 Sq Ft
Multi FamilyMulti Family
price_per_sqft$176 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size7,139 sqft

Building Information

Year Built2023

Land Information

APN0710900500040
Lot Number40
SubdivisionLincoln City
Land UseResidential
Legal DescriptionLT 40 BLK 2 LINCOLN CITY SEC 5
Census Tract533302
Assessed Land Value$73,185
Assessed Improvement Value$440,248
Assessment Year2025

About this property

Welcome to 8414 Prairie View Dr.! This NEW CONSTRUCTION Duplex located in Acres Homes offers 2 units, each with 3 bedrooms/2 full baths (Total of 6 bedrooms on property), separate driveways & Back yard. Interior features include wood floors throughout, Quartz counter tops, stainless steel appliances, recessed lighting and modern finishes. Home also offers laundry rooms for both units w/ W/D connections & ceiling fans w/ lights in each room. This is a Great opportunity for investors to add to their rental property portfolio! Schedule your showing today!

Investor Tools

Property Icon
$513,433
Estimated Property Value
$391,039Estimated Mortgage Balance
$122,394Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,081 /month
Positive
Cash Flow Estimate:
$1,027 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,180
$513,433
2025
$73,185
$440,248
$513,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,180
$513,433

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$412,392
Yes
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,039
$122,394
23%
76%
$2,473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,473/mo
$-247/mo
5.2%

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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8414 Prairie View Dr | Property Details | No Agent List