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$218,832

8606 Parkcrest Forest Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.69 / sqft
Year BuiltBuilt in 1981

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

Exterior

Lot Size7,153 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1144470170062
Lot Number62
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 62 BLK 17 017*I5645955-005-017-062 INWOOD NORTH SEC 5
Census Tract532900
Assessed Land Value$58,349
Assessed Improvement Value$160,483
Assessment Year2025

About this property

This delightful one-story home is tucked away in the desirable Inwood neighborhood. This home is move-in ready. Enter the bright and airy living room, embellished with a wood-burning brick fireplace and soaring ceilings. tiled and Wood-inspired flooring adds a touch of elegance to both the living and kitchen areas, elevating the coziness of the space. The modern kitchen boasts plenty of cabinet and counter space, perfect for your culinary endeavors. A bright breakfast area beckons you to begin your day stylishly. Throughout the house, neutral paint hues foster a tranquil atmosphere, while ceiling fans ensure comfort in most rooms. Outside, the spacious backyard awaits your social gatherings and leisure activities.

Investor Tools

Property Icon
$218,832
Estimated Property Value
$201,663Estimated Mortgage Balance
$22,858Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,313 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,061
$218,832
2025
$58,349
$160,483
$218,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,061
$218,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$201,663
No
First
Oct 17, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,974
$22,858
10%
90%
$1,210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,510/mo
+$212/mo
9.4%

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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8606 Parkcrest Forest Dr | Property Details | No Agent List