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$9,100,000

NAL Estimated Property Value

8823 Harness Creek Lane, Houston, TX, 77024

$11,830,000 ARVInfo
Off MarketInfo
Beds7 Beds
Baths10 Bath
Baths20,157 Sq Ft
price_per_sqft$248.05 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

AuctionOff-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 7Bathrooms Full 7
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Gas Oven, Trash Compactor, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringMarble, Stone, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.67 acres

Building Information

Year Built1999
Garage Spaces11

Land Information

APN1170760040052
Lot Number52
SubdivisionStablewood 2nd Amend
Land UseResidential
Legal DescriptionLT 52 BLK 4 STABLEWOOD 2ND AMEND
Census Tract430102
Assessed Land Value$4,465,795
Assessed Improvement Value$4,634,205
Assessment Year2025

About this property

AUCTION BIDDING OPEN: Bidding ends July 16. Previously Listed $9.5M. Current High Bid $5M. Showings 1:00-4:00 PM CDT By Appt. Nestled on a fenced, 1.67-acre corner lot in the prestigious Stablewood community, La Perse, boasts quality finishes at every turn. Coffered ceilings, sparkling chandeliers, and marble floors lead you through three levels of uninhibited luxury. Designed for entertaining on a grand scale, guests will revel at the gallery porches and resort-style pool. Year-round entertaining is always an option with Houston’s beautiful climate. Relax by the pool on the expansive gallery porches, surrounded by enchanting landscaping and multi-tiered gardens. Curl up in front of one of your four fireplaces, serve up drinks from your wet bar, watch a film in the media room, or find peace in your sprawling master suite complete with a soaking tub and separate lounge area. With exclusive privacy, guard-gated access, and a location just 15 minutes from Downtown Houston

Investor Tools

Property Icon
$9,100,000
Estimated Property Value
$3,047,100Estimated Mortgage Balance
$6,052,900Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$11,830,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$54,600 /month
Positive
Cash Flow Estimate:
$18,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,978/month
$11,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$62,232
$9,100,000
2025
$4,465,795
$4,634,205
$9,100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$62,232
$9,100,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Loan Amount Keyed Is An Aggregate Amount
$3,349,500
No
First
Aug 23, 2021
Sep 2061

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,047,100
$6,052,900
66%
33%
$20,082/mo

City: Houston

8823 Harness Creek Lane | Property Details | No Agent List