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$325,570

NAL Estimated Property Value

8507 Forest Grove Dr, Houston, TX, 77080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,460 Sq Ft
price_per_sqft$181.51 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,556 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0841410000228
Lot Number228
SubdivisionLangwood
Land UseResidential
Legal DescriptionLT 228 BLK 9 LANGWOOD SEC 2
Census Tract521402
Assessed Land Value$124,545
Assessed Improvement Value$201,025
Assessment Year2025

About this property

Motivated seller! Charming one story 4 bedrooms 3 baths in Spring Branch! Some of the upgrades include: Recently updated HVAC, double pane windows, NO CARPET, freshly painted, laminate floors in every room! All bathrooms have tile and granite! Kitchen with a very nice backsplash, granite countertop, cooktop, oven and microwave and lots of cabinets. Built-in desk in the primary bedroom. Extra storage room in the backyard. Huge backyard! All bedrooms have ceiling fans and nice size closets. Never flooded! Call today to book your showing. NO HOA. Great investment for Airbnb, short term lease, long term lease Or make this house your next home! Amazing Location! Call today to schedule your appointment!

Investor Tools

Property Icon
$325,570
Estimated Property Value
$274,673Estimated Mortgage Balance
$50,897Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,054
$325,570
2025
$124,545
$201,025
$325,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,054
$325,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Fha
$260,200
Yes
First
Mar 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,673
$50,897
15%
84%
$1,713/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,713/mo
+$513/mo
8.2%

City: Houston

8507 Forest Grove Dr | Property Details | No Agent List