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$230,000

8603 Braes River Dr, Houston, TX, 77074

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size8,041 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0924180000016
Lot Number16
SubdivisionSharpstown
Land UseResidential
Legal DescriptionLT 16 BLK 20 SHARPSTOWN SEC 3
Census Tract422800
Assessed Land Value$112,800
Assessed Improvement Value$110,097
Assessment Year2025

About this property

Fantastic opportunity in a highly convenient Houston location! This property is being sold AS IS, offering endless potential for investors, builders, or buyers ready to renovate and make it their own. Ideally situated just minutes from US-59/I-69, you'll enjoy quick access to the Texas Medical Center, Galleria, Downtown Houston, and countless shopping, dining, and entertainment destinations. Whether commuting for work or exploring the city, this location makes getting anywhere a breeze. Another standout feature is the low property tax rate and low annual HOA dues, helping keep long-term ownership costs affordable. With its unbeatable location, excellent accessibility, and tremendous upside, this property presents a rare opportunity to add value in an established neighborhood. Don't miss your chance to unlock its full potential! Property is being sold AS IS.

Investor Tools

Property Icon
$222,897
Estimated Property Value
$0Estimated Mortgage Balance
$222,897Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Jeffrey Jin

KingFay Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$50
$222,897
2025
$112,800
$110,097
$222,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$50
$222,897

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,897
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$250/mo
+$1,472/mo
9.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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8603 Braes River Dr | Property Details | No Agent List