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$448,000

NAL Estimated Property Value

8431 Lorrie Dr, Houston, TX, 77025

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.36 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Oven, Refrigerator
FlooringTile

Exterior

Lot Size10,799 sqft

Building Information

Year Built1997
Stories1
Garage Spaces1

Land Information

APN0813000000001
Lot Number1
SubdivisionKnollwood Village
Land UseResidential
Legal DescriptionLT 1 BLK 1 KNOLLWOOD VILLAGE SEC 9
Census Tract413301
Assessed Land Value$289,283
Assessed Improvement Value$114,717
Assessment Year2025

About this property

Attention Investors! Corner lot on 1/4 acre, perfect for Airbnb near Medical Center and NRG Stadium. Sold "As is where is with all it's Faults", no repairs. Million Dollar homes in Knollwood Village being built, no HOA. This is a great opportunity for remodeling and flipping or as your new home.

Investor Tools

Property Icon
$448,000
Estimated Property Value
$290,143Estimated Mortgage Balance
$157,857Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,693
$404,000
2025
$289,283
$114,717
$404,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,693
$404,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$296,250
No
First
Mar 6, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,143
$153,857
34%
65%
$1,777/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,777/mo
$-227/mo
4.2%

City: Houston

8431 Lorrie Dr | Property Details | No Agent List