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$703,000

NAL Estimated Property Value

8423 Lorrie Dr, Houston, TX, 77025

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,437 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.84 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,039 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN0813000000003
SubdivisionKnollwood Village
Land UseResidential
Legal DescriptionTR 3A BLK 1 KNOLLWOOD VILLAGE SEC 9
Census Tract413301
Assessed Land Value$278,296
Assessed Improvement Value$301,023
Assessment Year2025

About this property

Enjoy this expanded and renovated home inside the 610 Loop! The 4-bedroom, 3-bathroom layout is rare for the area. The upstairs primary suite, added in 2014, is a light and bright private retreat with built-in bookshelves, two walk-in closets, and space for a seating area. The downstairs primary bedroom offers backyard patio access through French doors with built-in blinds. Tankless water heater, gleaming hardwood floors, natural lighting, plantation shutters, and a sunny kitchen with granite countertops add to the ambiance of this delightful home. The large backyard with patio - upgraded with a pergola in 2013 and pavers in 2019 - offers lots of space for playing or entertaining, recent siding and gutters. The home has never flooded! Close to NRG Stadium, the Texas Medical Center and Rice University.

Investor Tools

Property Icon
$703,000
Estimated Property Value
$0Estimated Mortgage Balance
$703,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,218 /month
Positive
Cash Flow Estimate:
$1,406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,705
$579,319
2025
$278,296
$301,023
$579,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,705
$579,319

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$694,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
N/A
+$2,640/mo
4.5%

City: Houston

8423 Lorrie Dr | Property Details | No Agent List