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Owner Contacts

$152,454

NAL Estimated Property Value

8611 Morley Street, Houston, TX, 77061

Off Market

3 Beds

1 Bath

1,070 Sq Ft

Single Family Residence

$140.19 / sqft

Built in 1956

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating

AppliancesGas Oven, Gas Range

FlooringTile, Wood

Exterior

Lot Size7,427 sqft

Building Information

Year Built1956

Stories1

Garage Spaces1

Land Information

APN0850960000020

Lot Number20

SubdivisionGulf Freeway Oaks

Land UseResidential

Legal DescriptionLT 20 BLK 3 GULF FREEWAY OAKS SEC 1

Census Tract333203

Assessed Land Value$65,727

Assessed Improvement Value$86,727

Assessment Year2025

About this property

Introducing a 1,070 sq. ft. charming adventure with 3 beds, 1 bath, it does come with a lifetime foundation warranty (because we believe in commitment). The seller upgraded windows (they’re practically BFFs with sunlight), and Hobby airport is so close, you might start giving pilots directions. Let your inner DIY champ shine in bedrooms, a snug living area, and a kitchen that’s almost ready and just waiting for your culinary genius (takeout is a dish too, right?). Convenient freeway access to I-45 & 610 Loop for those who like to zoom, and Hobby Airport is practically waving hello. Let’s turn this house into a masterpiece – or at least a really good story!

Investor Tools

$152,454

Estimated Property Value

$145,522Estimated Mortgage Balance

$6,932Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$915 /month

Positive

Cash Flow Estimate:

$305 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$238/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,095

$152,454

2025

$65,727

$86,727

$152,454

Tax History

Year

Tax Paid

Assessed Value

2024

$2,095

$152,454

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$152,950

First

Sep 29, 2023

Oct 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$145,522

$6,932

95%

$918/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$968/mo

+$754/mo

13.6%

Learn About the Market: Opportunity in Houston

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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.

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