$307,000
NAL Estimated Property Value8415 Adler lake Drive, Houston, TX, 77083
Off Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave
Exterior
Lot Size6,196 sqft
Building Information
Year Built1996
Stories2
Roof Type105
Garage Spaces1
Land Information
APN5038-03-002-0110-907
Lot Number11
SubdivisionMission Glen Estates Sec 3
Land UseResidential
Legal DescriptionMISSION GLEN ESTATES SEC 3, BLOCK 2, LOT 11
Census Tract672602
Assessed Land Value$41,600
Assessed Improvement Value$264,966
Assessment Year2025
About this property
Your search ends here! Stunning recently renovated 2 story traditional family home in desired location, walking distance from schools! Spacious floor plan with granite kitchen countertops, brand new microwave and stove. Living room and kitchen overlook the backyard porch through big beautiful windows. Attached 2 car garage with extra driveway space. Home never flooded! This home is a must see!
Investor Tools
$307,000
Estimated Property Value
$257,208Estimated Mortgage Balance
$49,792Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$246/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,942
$299,848
2025
$41,600
$264,966
$306,566
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,942
$299,848
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$227,764
Yes
First
Apr 12, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,208
$49,792
16%
84%
$1,680/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,926/mo
+$300/mo
8.7%
