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$257,000

NAL Estimated Property Value

8702 Lar Ree Oaks Cir, Houston, TX, 77028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,039 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.98 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,745 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1294910010045
Lot Number45
SubdivisionOaks Of Lakewood Village
Land UseResidential
Legal DescriptionLT 45 BLK 1 OAKS OF LAKEWOOD VILLAGE SEC 1
Census Tract231000
Assessed Land Value$13,186
Assessed Improvement Value$111,591
Assessment Year2025

About this property

The Drake II is an inviting 2 story home with 4 bedrooms and 2.5 bathrooms. This plan has a spacious living area with views into the kitchen and dining area. The master suite is downstairs and has a spacious bathroom and walk-in closet. Upstairs has another living area, or flex space, and the remaining 3 bedrooms. With over 2000 sq ft of living area, this is one of our most popular two-story plans. Features wood-grain vinyl plank flooring, two car garage, fenced backyard, and a sprinkler system.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$162,780,288Estimated Mortgage Balance
$257,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,759
$124,777
2025
$13,186
$111,591
$124,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,759
$124,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metropolitan Tower Life Insurance Compan
Loan Amount Keyed Is An Aggregate Amount
$175,000,000
No
First
Aug 25, 2022
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,780,288
N/A
0%
63339%
$1,049,214/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,049,214/mo
$-1,046,988/mo
10.4%

City: Houston

8702 Lar Ree Oaks Cir | Property Details | No Agent List