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$563,000

NAL Estimated Property Value

8503 Manhattan Dr, Houston, TX, 77096

Recently SoldInfo
8/31/26
Beds3 Beds
Baths2 Bath
Baths1,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.53 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Dryer Included, Refrigerator Included, Washer Included, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringConcrete

Exterior

Lot Size13,774 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0853790000032
Lot Number32
SubdivisionMeyerland
Land UseResidential
Legal DescriptionLT 32 BLK 22 MEYERLAND SEC 3
Census Tract420800
Assessed Land Value$398,563
Assessed Improvement Value$12,642
Assessment Year2025

About this property

Nestled beneath mature trees on an oversized lot, this charming 3-bedroom, 2-bath home offers a rare opportunity on a quiet street in Meyerland. Priced at lot value, you're getting a comfortable, livable home you can enjoy from day one while planning for the future. Live in it as-is, update it over time, or build your dream home when the time is right.The expansive lot provides endless possibilities for a pool, addition, outdoor living space, or new construction. Inside, you'll find a functional layout with inviting living spaces, three spacious bedrooms, and two full bathrooms, making it easy to enjoy now while you envision what's next.Conveniently located near shopping, dining, top-rated schools, the Texas Medical Center, the Galleria, and Downtown Houston, this property combines an unbeatable location with exceptional lot size and endless potential. Opportunities like this are rare—a livable home on an oversized lot at lot value. Agent related to seller.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$0Estimated Mortgage Balance
$563,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,746
$411,205
2025
$398,563
$12,642
$411,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,746
$411,205

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$523,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$650/mo
+$657/mo
2.8%

City: Houston

8503 Manhattan Dr | Property Details | No Agent List