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$382,000

NAL Estimated Property Value

9242 Derrik Drive, Houston, TX, 77080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.85 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size11,278 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN0825940000025
Lot Number25
SubdivisionOutpost Estates
Land UseResidential
Legal DescriptionLT 25 BLK D OUTPOST ESTATES SEC 4
Census Tract521502
Assessed Land Value$168,122
Assessed Improvement Value$132,426
Assessment Year2025

About this property

Gorgeous single-story 2000 sqft home in a great location ! This home features beautiful tile ,wood and carpet floors through the whole house, stunning front entry with large beautiful kitchen, and stunning countertops and so much more! Very spacious Main Living area With great Flooring. Large Sized Kitchen with Open Concept. 2-car garage. Large backyard. House has been extensively remodeled. Located close to multiple grocery options , schools . You will be hard-pressed to find this unique open floor plan in this neighborhood. this home has everything you could ever want! This gem will not last long - schedule a showing

Investor Tools

Property Icon
$382,000
Estimated Property Value
$296,282Estimated Mortgage Balance
$85,718Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,930
$300,548
2025
$168,122
$132,426
$300,548
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,930
$300,548

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Baker Street Mortgage Holdings Llc
Unknown
$319,675
No
First
Jun 24, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,282
$85,718
22%
78%
$1,917/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,917/mo
$-195/mo
5.4%

City: Houston

9242 Derrik Drive | Property Details | No Agent List