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$383,000

NAL Estimated Property Value

9423 Fairdale Ln, Houston, TX, 77063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.02 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher

Exterior

Lot Size8,050 sqft

Building Information

Year Built1965
Stories1

Land Information

APN0935590000001
Lot Number1
SubdivisionWestmont R/P
Land UseResidential
Legal DescriptionLT 1 BLK 6 WESTMONT R/P
Census Tract432200
Assessed Land Value$131,963
Assessed Improvement Value$190,969
Assessment Year2025

About this property

Open concept remodeled updated home on a corner lot with mature trees and spacious front yard. Cathedral ceiling in family room with brick accented wood burning fireplace and recessed lighting. Extensive wood look ceramic tile. Formal living and dining room with chandelier. Home has current finishes. Kitchen has quartz counters, stainless steel appliances, modern tile backsplash, breakfast bar, deep sink and tall cabinets with crown molding. Breakfast Bar is the perfect setup for informal dining. Spacious primary bedroom with ceiling fan and light fixture. Primary bath has walk-in shower with marble enclosure. Hall bath has double sink vanity and walk-in tile surround shower enclosure. Home upgrades includes double pane windows and extensive ceramic tile flooring. Garage is converted into a private home or in-law quarters and is fully equipped with kitchen, living room and bedroom with skylights. Home is located near local schools, restaurants, shopping and major freeways.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$314,747Estimated Mortgage Balance
$68,253Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,323
$322,932
2025
$131,963
$190,969
$322,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,323
$322,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayway Mortgage Group
Conventional
$332,500
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,747
$49,253
13%
82%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,994/mo
$-14/mo
6.2%

Learn About the Market: Opportunity in Houston

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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.

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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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9423 Fairdale Ln | Property Details | No Agent List