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$198,800

8718 Chipping Ln, Houston, TX, 77088

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths1 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.42 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Vinyl Plank

Exterior

Lot Size8,599 sqft

Building Information

Year Built1977
Stories1
Garage Spaces1

Land Information

APN1087280000724
Lot Number724
SubdivisionHeather Glen
Land UseResidential
Legal DescriptionLT 724 BLK 14 HEATHER GLEN SEC 3
Census Tract533401
Assessed Land Value$46,275
Assessed Improvement Value$132,595
Assessment Year2025

About this property

Fully remodeled home located on a Cul De Sac location. Sizable 4 bedrooms, 2 full bathrooms and 1 car garage. Newly painted both inside and outside. New flooring and new lights/fans. Fully updated 2 bathrooms and updated kitchen with new appliances and new Quarts countertops. New water heater, HVAC is only a few years old. Roof is around 5 years old. Huge fully fenced backyard can accommodate any activities. Home is move in ready! Won't last at this price!

Investor Tools

$0Estimated Mortgage Balance
$178,870Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,193 /month
Positive
Cash Flow Estimate:
$398 /month

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Fafu Zeng

Walzel Properties - Corporate Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$267
$178,870
2025
$46,275
$132,595
$178,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$267
$178,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,870
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
14.9%

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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