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$283,000

NAL Estimated Property Value

8906 Enchanted Forest Dr, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
price_per_sqft$173.48 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Wine Refrigerator, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1147300030031
Lot Number31
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 31 BLK 3 017*I5645955-006-003-031 INWOOD NORTH SEC 6
Census Tract532900
Assessed Land Value$57,750
Assessed Improvement Value$170,152
Assessment Year2025

About this property

Welcome home to this completely remodeled 3 Bedroom and 2 Bath that seamlessly blends modern charm w/ luxurious functionality. The open-concept design features ultra-high ceilings in spacious Family Rm. w/ modern Electric Fireplace, Island kitchen, and Formal Dining area, creating a bright, spacious ambiance. The fully renovated Kitchen is a Chef’s Dream w/ Quartz Countertops & Backsplash, a Waterfall Edge, KitchenAid appliances, beverage fridge, cabinets, recessed & under-cabinet lighting. Updates features PEX plumbing, energy-efficient insulation, windows, tankless water heater, & new roof. Fresh paint, hardware, and 4x4 ceramic tile flooring enhance the contemporary design. The primary suite boasts a stunning fully updated en-suite bath w/ massive walk-in shower & closet. Outdoor living is elevated w/ a 24x12 covered patio, outdoor kitchen-ready plumbing, gas, electric, & new fence added. Smart features MyQ Garage Doors and a Ring System Security. Make this move-in ready home yours!

Investor Tools

Property Icon
$283,000
Estimated Property Value
$175,611Estimated Mortgage Balance
$107,389Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,285
$227,902
2025
$57,750
$170,152
$227,902
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,285
$227,902

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$183,350
No
First
Jan 25, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,611
$111,389
38%
62%
$1,100/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,400/mo
+$322/mo
7.3%

City: Houston