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$299,000

NAL Estimated Property Value

8515 Neff St, Houston, TX, 77036

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,184 Sq Ft
price_per_sqft$103.94 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop

Exterior

Lot Size8,041 sqft

Building Information

Year Built1964
Stories1
Garage Spaces1

Land Information

APN0933170000005
SubdivisionSharpstown Country Club Terr 2
Land UseResidential
Legal DescriptionTRS 4A & 5A BLK 16 SHARPSTOWN COUNTRY CLUB TERRACE SEC 2
Census Tract433300
Assessed Land Value$134,352
Assessed Improvement Value$141,694
Assessment Year2025

About this property

8515 Neff St - Lovingly cared for spacious one story 4 bedroom ranch style home with 2 1/2 baths. This home is quality built and ready for your personal touches. Every bedroom in this home has a walk-in closet for great storage and organization! So much space in this home including an oversized bedroom with a half bath and kitchenette that could be used as a flex space or a mother-in-law quarters, it also has access to the enclosed back patio. The formal dining room/living room can also serve many different purposes. Enjoy the enclosed back patio that is ready for you to relax after work, on the weekends, or whenever you choose. Located centrally in the heart of Sharpstown on a quiet tree lined street, close to freeways (59/69, Beltway 8, and Westpark Tollway), minutes to downtown and the medical center, and walking distance to the nearby elementary school. Recent updates to the home include the roof (2016) and water heater (2018). Must see to appreciate! Did not flood!

Investor Tools

Property Icon
$299,000
Estimated Property Value
$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,534
$276,046
2025
$134,352
$141,694
$276,046
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,534
$276,046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$250/mo
+$1,976/mo
8.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8515 Neff St | Property Details | No Agent List