$242,000
NAL Estimated Property Value8510 Prairie View Dr, Houston, TX, 77088
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Microwave, Gas Range
FlooringLaminate
Exterior
Lot Size5,981 sqft
Building Information
Year Built2020
Land Information
APN0710900370360
SubdivisionLincoln City
Land UseResidential
Legal DescriptionTR 346B BLK 20 LINCOLN CITY SEC 3
Census Tract533302
Assessed Land Value$83,959
Assessed Improvement Value$131,041
Assessment Year2025
About this property
We are excited to offer you this breathtaking 4 bedroom 2 bathroom home, located in the Historic Community of Acres Homes. Offering stainless steel appliances, 42"cabinets, laminate wood floors, blinds throughout the home and pre wired security system. Falling in love with the interior of this home is inevitable, but the exterior features are the icing on the cake. With a full landscaping package, completely fenced yard and sod in the front and the the back yard. Making an offer is the logical response.
Investor Tools
$242,000
Estimated Property Value
$135,471Estimated Mortgage Balance
$106,529Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,190
$215,000
2025
$83,959
$131,041
$215,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,190
$215,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$149,200
No
First
Jul 23, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,471
$106,529
44%
56%
$895/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$895/mo
+$827/mo
8.5%
