6view

Owner Contacts

$325,570

NAL Estimated Property Value

8507 Forest Grove Dr, Houston, TX, 77080

Off Market

4 Beds

3 Bath

1,460 Sq Ft

$181.51 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

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

$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

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%

Learn About the Market: Opportunity in Houston

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