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$447,900

9406 Fern Wood Forest, Houston, TX, 77040

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.08 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl, Wood

Exterior

Lot Size4,704 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1195770010016
Lot Number16
SubdivisionOak Lake Pointe Amend
Land UseResidential
Legal DescriptionLT 16 BLK 1 OAK LAKE POINTE AMEND
Census Tract534204
Assessed Land Value$65,889
Assessed Improvement Value$367,559
Assessment Year2025

About this property

Nestled in the sought-after Gated Oak Lake Pointe neighborhood, this exquisite two-story residence boasts 3 bedrooms, 2 full baths, 1 half bath, and a 2 car garage. Featuring modern touches like engineered wood, Luxury vinyl plank and tile flooring, New 42' cabinetry, Quartz countertops, and SS appliances, this home is truly exceptional. Enjoy the spacious family room with a fireplace and ample natural light, along with the master suite showcasing a walk-in shower and garden tub. Updates include a New Roof, HVAC system, fresh paint, custom touches like built-ins in the master, and new vanities. Relax on the covered back patio with backyard views. Zoned to Cypress Fairbanks ISD, this property is a must-see! Don't miss out, schedule your showing today.

Investor Tools

$102,903Estimated Mortgage Balance
$330,545Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,687 /month
Positive
Cash Flow Estimate:
$896 /month

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Eva Markham

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$1,680/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,834
$433,448
2025
$65,889
$367,559
$433,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,834
$433,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lehman Brothers Bank Fsb
Stand Alone Second / Subordinate Position
$25,100
No
First
Oct 25, 2006
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,903
$330,545
76%
24%
$1,275/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,955/mo
$-1,233/mo
4.8%

City: Houston