$179,900
8708 Lawnridge St, Houston, TX, 77016
Pending
Property Lead Type:
Deal ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate
Exterior
Lot Size7,379 sqft
Building Information
Year Built2021
Land Information
APN0710730030035
Lot Number35
SubdivisionWedgewood Place
Land UseResidential
Legal DescriptionLT 35 BLK 3 WEDGEWOOD PLACE
Census Tract230400
Assessed Land Value$61,766
Assessed Improvement Value$172,624
Assessment Year2025
About this property
Welcome to this 3-bedroom, 2-bathroom home, built in 2021 and situated on a spacious 0.169-acre lot. The property is fully fenced and features a gated entrance, offering added privacy and convenience. With no HOA, you’ll enjoy greater flexibility and fewer restrictions. This newer home combines modern construction with a comfortable layout, making it a great opportunity for homeowners looking for a move-in-ready property with its own private, fenced-in space.
Investor Tools
$182,291Estimated Mortgage Balance
$53,494Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,406 /month
Positive
Cash Flow Estimate:
$469 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,272
$234,390
2025
$61,766
$172,624
$234,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,272
$234,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aj100k Investments Llc
Purchase Money Mortgage
$200,000
No
First
Sep 24, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,291
$52,099
22%
78%
$1,200/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,200/mo
+$522/mo
8.8%
