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$246,000

NAL Estimated Property Value

8530 Old Brook Dr, Houston, TX, 77071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.34 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1136210000017
Lot Number17
SubdivisionFondren Sw
Land UseResidential
Legal DescriptionLT 17 BLK 2 FONDREN SW SOUTHMEADOW PATIO HOMES SEC 2
Census Tract423402
Assessed Land Value$51,000
Assessed Improvement Value$189,024
Assessment Year2025

About this property

Charming residence nestled in the heart of Southmeadow Patio Homes, this 3-bedrooms, 2-bathrooms residence offers an ideal blend of elegance and functionality. Inside, a cozy wood-burning fireplace adds warmth, while the kitchen boasts granite countertops and modern cabinets installed in 2022. The primary room, living area, and kitchen were revamped in 2023 with fresh paint and new flooring, exuding sophistication. The master's bathroom was tastefully remodeled in 2019. Beyond its charming interiors, the property boasts practical updates. In 2018, the house was repiped, and the A/C system was replaced, ensuring seamless living. The roof, expertly installed in 2017, guarantees durability. Residents can enjoy leisure at the community pool and tennis court. With a 2-car attached garage and close proximity to amenities, this home offers not just comfort but a lifestyle. Don't miss the chance to make this residence your haven, where timeless elegance meets modern living.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$214,026Estimated Mortgage Balance
$31,974Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,022
$240,024
2025
$51,000
$189,024
$240,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,022
$240,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$224,200
No
First
Nov 20, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,026
$25,998
10%
87%
$1,345/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,730/mo
+$496/mo
10.9%

City: Houston

8530 Old Brook Dr | Property Details | No Agent List