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Owner Contacts

$607,000

NAL Estimated Property Value

9822 Oak Point Dr, Houston, TX, 77055

Off Market

3 Beds

3 Bath

2,410 Sq Ft

Single Family Residence

$173.44 / sqft

Built in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringWood

Exterior

Lot Size3,999 sqft

Building Information

Year Built1994

Stories2

Garage Spaces2

Land Information

APN1140520040006

Lot Number6

SubdivisionBunker Hill Forest

Land UseResidential

Legal DescriptionLT 6 BLK 4 BUNKER HILL FOREST SEC 1

Census Tract522302

Assessed Land Value$148,000

Assessed Improvement Value$380,646

Assessment Year2025

About this property

Located in Spring Branch, Bunker Hill Forest is near I-10 and Beltway 8, HEB, City Centre, Memorial City Mall, and two large hospital systems: Memorial Hermann and Kelsey-Seybold. This contemporary patio has an open floor living room/and dining area combo, with high ceilings, and a marble gas fireplace. The master bedroom is on the first floor and has a separate bathtub and walk-in shower. There are hardwood floors on the first floor, and additional storage underneath the stairs, the kitchen and master bedroom have granite countertops. The second floor living space includes a game room or home office, 2 bedrooms, and a large walk-in Texas basement for extra storage and every bedroom has a large walk-in closet. This beautiful home has a large 2-car garage, and beautiful backyard. The roof was replaced in July 2018 and the home was recently painted. This beautiful home has no HOA! Home is move-in ready with a historically low inventory in this quiet Spring Branch community!

Investor Tools

$607,000

Estimated Property Value

$338,072Estimated Mortgage Balance

$268,928Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,642 /month

Positive

Cash Flow Estimate:

$1,214 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$548/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,547

$528,646

2025

$148,000

$380,646

$528,646

Tax History

Year

Tax Paid

Assessed Value

2024

$3,547

$528,646

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Burn Bails Bonds

Purchase Money Mortgage

$125,000

First

Jul 7, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$338,072

$190,574

36%

56%

$2,073/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,073/mo

$-351/mo

3.4%

Learn About the Market: Opportunity in Houston

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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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