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$222,000

NAL Estimated Property Value

8802 Elm Drake Ln, Humble, TX, 77338

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,732 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$106.81 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,901 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1260140060017
Lot Number17
SubdivisionDeerbrook Estates Amend
Land UseResidential
Legal DescriptionLT 17 BLK 6 DEERBROOK ESTATES SEC 1 AMEND
Census Tract240904
Assessed Land Value$37,231
Assessed Improvement Value$176,265
Assessment Year2025

About this property

Terrific Townhouse within minutes to IAH! Large Living Area with open concept to Kitchen and Dining . The Kitchen features stainless steel appliances, 2 pantries, and plenty of counter and cabinet space. The Master Suite, 2 additional bedrooms w 1 full bath, plus an extra flex space are located upstairs. A convenient guest bath is located downstairs in the elegant foyer that features high ceilings and stairs and archetetural ledges. Located on the corner lot allows for more room to play outside, along with the fenced in back yard that has an extended wood deck to relax on. With a park across the street, there is plenty of outdoor fun! Call today to make this cute and convenient place your next home!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$144,214Estimated Mortgage Balance
$77,786Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,921
$213,496
2025
$37,231
$176,265
$213,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,921
$213,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Exponentialmortgage Inc
Conventional
$148,400
No
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,214
$69,786
32%
65%
$890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,010/mo
+$712/mo
9.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Humble

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8802 Elm Drake Ln | Property Details | No Agent List