$225,000
NAL Estimated Property Value8824 Elm Drake Ln, Humble, TX, 77338
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size3,973 sqft
Building Information
Year Built2005
Garage Spaces2
Land Information
APN1260140060028
Lot Number28
SubdivisionDeerbrook Estates Amend
Land UseResidential
Legal DescriptionLT 28 BLK 6 DEERBROOK ESTATES SEC 1 AMEND
Census Tract240904
Assessed Land Value$38,650
Assessed Improvement Value$166,858
Assessment Year2025
About this property
MULTIPLE OFFERS RECEIVED! NO MORE SHOWINGS! Welcome Home! Step inside and feel the warmth of this well maintained, recently updated home. Features include premium lot, granite countertops, fresh paint, full home generator, and a new roof, this jewel is move-in ready. Great location to call home! Schedule your private showing today!
Investor Tools
$225,000
Estimated Property Value
$189,350Estimated Mortgage Balance
$35,650Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,341
$205,508
2025
$38,650
$166,858
$205,508
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,341
$205,508
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
North American Savings Bank Fsb
Conventional
$204,300
No
First
Jun 21, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,350
$30,650
13%
84%
$1,225/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,575/mo
+$147/mo
9.2%
