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Days96Days on Market
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$575,000

9309 Carousel Lane, Houston, TX, 77080

On MarketInfo
Baths0 Bath
Baths3,212 Sq Ft

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size19,341 sqft

Building Information

Year Built1979
Stories2
Garage Spaces5

Land Information

APN0681440060004
Lot Number4
SubdivisionSpring Branch Estates
Land UseResidential
Legal DescriptionLT 4 BLK 6 SPRING BRANCH ESTATES SEC 2
Census Tract521300
Assessed Land Value$464,208
Assessed Improvement Value$47,870
Assessment Year2025

About this property

Cleared and ready for development, this expansive lot of approximately 19,342 sq ft is located in the established Spring Branch Estates community. The property offers an excellent opportunity to build a custom single family home, with ample space for a spacious residence, outdoor living areas, and a pool if desired. Surrounded by a mix of traditional homes and newer construction, the area continues to see redevelopment and custom builds. Conveniently located near I-10, and major thoroughfares, the property provides easy access to shopping, dining, and popular destinations such as CityCentre and the Energy Corridor. Situated within the Spring Branch area and served by Spring Branch ISD, this lot combines neighborhood charm with close proximity to many of Houston’s key amenities.

Investor Tools

$0Estimated Mortgage Balance
$569,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Andrea Tran

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,993
$512,078
2025
$464,208
$47,870
$512,078
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,993
$512,078

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$569,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
4.7%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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