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$340,000

9026 S Ferndale Place Dr, Houston, TX, 77064

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,096 Sq Ft
price_per_sqft$162.21 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,502 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1263930030007
Lot Number7
SubdivisionFerndale Estates Amend
Land UseResidential
Legal DescriptionLT 7 BLK 3 FERNDALE ESTATES AMEND
Census Tract551502
Assessed Land Value$61,050
Assessed Improvement Value$226,487
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY! Currently tenant-occupied, this well-maintained home at 9026 S Ferndale Place Dr offers a functional floor plan with spacious living and dining areas, multiple bedrooms, and abundant natural light throughout. The property features a comfortable layout designed for everyday living, ample kitchen storage, and outdoor space for relaxation or entertaining. Conveniently located in an established Houston community with easy access to major highways, shopping, dining, schools, and employment centers. This property presents an excellent opportunity for investors seeking a stable income-producing asset in a desirable location. Showings by appointment only with a minimum 48-hour notice. Please do not disturb occupants.

Investor Tools

$81,741Estimated Mortgage Balance
$255,792Estimated Equity
71% 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?

Karina Franco

Franco Urban Commercial LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,985
$287,537
2025
$61,050
$226,487
$287,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,985
$287,537

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hammersmith Financial Lp
Fha
$168,800
Yes
First
Sep 29, 2006
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,741
$205,796
71%
24%
$1,013/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,550/mo
$1,708/mo
+$842/mo
9.1%

City: Houston