285Days on Market

1view

$340,000

8902 Blankenship Dr, Houston, TX, 77080

On Market

3 Beds

2 Bath

1,488 Sq Ft

Single Family Residence

$228.49 / sqft

Built in 1955

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringWood

Exterior

Private Pool

Lot Size9,888 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0853010000229

Lot Number229

SubdivisionBinglewood

Land UseResidential

Legal DescriptionLT 229 BLK 16 BINGLEWOOD SEC 2

Census Tract521502

Assessed Land Value$172,152

Assessed Improvement Value$116,034

Assessment Year2025

About this property

Discover this charming ranch-style home in desirable Binglewood, perfectly positioned on a generous 9,888 sq ft lot. Enjoy your own private backyard oasis, complete with a functional patio, deck, and sparkling pool – ideal for Texas living! Benefit from updated plumbing and zoning to excellent schools in the Spring Branch Independent School District. Conveniently located in Spring Branch, with quick access to 290, I-10, 610, City Centre, Memorial Park, and both downtown and the Energy Corridor. Imagine the possibilities: perhaps a modern kitchen refresh, opening up the living spaces for seamless flow, or creating a luxurious primary suite retreat.

Investor Tools

$310,000

Estimated Property Value

$203,200Estimated Mortgage Balance

$128,738Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

Interested in this property?

Heather Niemeyer

Keller Williams Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$395/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,192

$288,186

2025

$172,152

$116,034

$288,186

Tax History

Year

Tax Paid

Assessed Value

2024

$3,192

$288,186

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rock Mortgage Services Lp

Conventional

$203,200

First

Nov 12, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$181,627

$142,373

43%

59%

$1,219/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,269/mo

+$453/mo

6.7%

Learn About the Market: Opportunity in Houston

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 This Area