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$708,000

NAL Estimated Property Value

8607 Costmary Ln, Houston, TX, 77055

$742,418 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.01 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Wood

Exterior

Lot Size3,045 sqft

Building Information

Year Built2016
Garage Spaces1

Land Information

APN1365640010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 SANCTUARY AT VALLEY OAKS
Census Tract520700
Assessed Land Value$216,317
Assessed Improvement Value$373,683
Assessment Year2025

About this property

Welcome to 8607 Costmary! Nice and quiet gated community. Freshly painted, high ceilings, open floor plan. Beautiful island overlooking dining and family room; great for entertaining family and friends. All bedrooms are on the second floor plus cozy sitting area! Hurry, call and schedule your tour today before it's too late!

Investor Tools

Property Icon
$708,000
Estimated Property Value
$452,853Estimated Mortgage Balance
$255,147Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$742,418
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,248 /month
Positive
Cash Flow Estimate:
$1,416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$2,930/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,324
$590,000
2025
$216,317
$373,683
$590,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,324
$590,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Forte Financial Llc
Conventional
$466,000
No
First
Oct 18, 2024
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,853
$213,147
32%
64%
$2,794/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,724/mo
$-4,002/mo
2.9%

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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8607 Costmary Ln | Property Details | No Agent List