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$825,000

NAL Estimated Property Value

8566 Forum Drive, Houston, TX, 77055

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.55 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Tile, Wood

Exterior

Lot Size4,016 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN0762250160003
Lot Number3
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionLT 3 & TR 2A BLK 1 RIDGECREST SEC 3 PAR R/P
Census Tract520700
Assessed Land Value$229,698
Assessed Improvement Value$444,199
Assessment Year2025

About this property

Zoned to Valley Oaks Elementary and Memorial High School, and within walking distance to Valley Oaks, neighborhood parks, and dog parks, this thoughtfully designed residence offers 4 bedrooms, 3.5 baths, and 3,594 square feet on an oversized patio home lot. The home features first-floor living with hardwood flooring, high ceilings, crown molding, gas log fireplace, and a bar with wine refrigerator. The island kitchen is equipped with marble countertops and Thermador appliances, including a built-in refrigerator, gas cooktop, and custom cabinetry with soft-close drawers and under-cabinet lighting. A first-floor guest suite with en-suite bath provides flexibility. Upstairs, the primary suite includes a private study and spa-inspired bath. The second floor features hardwood flooring throughout. Game room, two secondary bedrooms with Hollywood bath, built-in desk, and utility room. Turf yard, covered patio, private driveway, no HOA.

Investor Tools

Property Icon
$825,000
Estimated Property Value
$462,779Estimated Mortgage Balance
$362,221Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,081
$673,897
2025
$229,698
$444,199
$673,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,081
$673,897

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Arm (Adjustable Rate Mortgage)
$540,000
No
First
Jun 14, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,779
$362,221
43%
56%
$2,523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,523/mo
$-297/mo
3.2%

City: Houston

8566 Forum Drive | Property Details | No Agent List