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$69,000

NAL Estimated Property Value

8417 Hearth Drive 8, Houston, TX, 77054

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths940 Sq Ft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1979
Stories1

Land Information

APN1141530030008
Lot Number8
SubdivisionHearthwood Condo
Land UseResidential
Legal DescriptionLT 8 BLDG 3 .21905 INT COMMON LAND & ELE HEARTHWOOD CONDO SEC 1
Census Tract314301
Assessed Land Value$12,805
Assessed Improvement Value$54,588
Assessment Year2025

About this property

Investor opportunity for 4 separate condo units in Hearthwood I. These condo units are not attached and will be sold AS-IS with any tenants in place as a package.

Investor Tools

Property Icon
$69,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,557 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
$1,510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,328
$67,393
2025
$12,805
$54,588
$67,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,328
$67,393

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,510/mo
+$160/mo
29.0%

Learn About the Market: Opportunity in Houston

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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.

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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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8417 Hearth Drive 8 | Property Details | No Agent List