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B+
NoAgentList RatingHow are grades calculated? Info

$396,000

8723 Village Ter, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.87 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,516 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1191870020004
Lot Number4
SubdivisionLaurel Creek
Land UseResidential
Legal DescriptionLT 4 BLK 2 LAUREL CREEK SEC 1
Census Tract534205
Assessed Land Value$76,926
Assessed Improvement Value$295,925
Assessment Year2025

About this property

Welcome to this beautiful 3-bedroom, 2-bathroom home in a peaceful neighborhood! This inviting single-story residence features an open-concept layout with beautiful hardwood floors and plenty of natural light. The gourmet kitchen boasts granite countertops, stainless steel appliances, and a large island, seamlessly connecting to a bonus family room with a cozy fireplace—perfect for gatherings. The primary suite is a serene retreat with a luxurious en-suite bathroom, including a soaking tub, walk-in shower, and dual vanities, plus a spacious walk-in closet. Two additional bedrooms offer ample storage, while a dedicated office space provides the ideal spot for remote work. Enjoy the bright breakfast nook and formal living areas for added versatility. Outside, the well-maintained lawn and mature trees create a picturesque setting. Complete with a two-car garage and a prime location near schools and parks, this home blends comfort and functionality. Schedule a showing today!

Investor Tools

Property Icon
$396,000
Estimated Property Value
$255,000Estimated Mortgage Balance
$145,873Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$274
$372,851
2025
$76,926
$295,925
$372,851
No

Tax History

Year
Tax Paid
Assessed Value
2024
$274
$372,851

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$255,000
No
First
Apr 29, 2025
May 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,127
$150,873
37%
63%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,529/mo
+$193/mo
5.2%

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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8723 Village Ter | Property Details | No Agent List