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$425,000

9906 Palisade Lakes Dr, Houston, TX, 77095

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,789 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.38 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringBrick

Exterior

Lot Size12,341 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1230640020076
Lot Number76
SubdivisionCanyon Lakes At Stonegate
Land UseResidential
Legal DescriptionLT 76 BLK 2 CANYON LAKES AT STONEGATE SEC 3
Census Tract541006
Assessed Land Value$73,175
Assessed Improvement Value$322,119
Assessment Year2025

About this property

Nestled on a spacious corner lot at the end of a quiet cul-de-sac, this beautifully updated one-story home offers the perfect blend of comfort, style, and functionality in a desirable gated community. Featuring 4 bedrooms, 3 full baths, and a rare 3-car garage, this thoughtfully designed floor plan includes two bedrooms with private en-suite baths—ideal for guests or multi-generational living. Fresh interior paint and new luxury vinyl plank flooring create a bright, modern feel throughout. The open layout provides generous living and entertaining spaces, while the prime location offers added privacy with minimal traffic. Enjoy the security of a gated neighborhood and the convenience of being close to shopping, dining, and major commuter routes. This move-in-ready home is one you won't want to miss!

Investor Tools

$201,903Estimated Mortgage Balance
$193,391Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Cindy Boutwell

Boutwell Properties LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$1,490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,451
$395,294
2025
$73,175
$322,119
$395,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,451
$395,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$235,653
Yes
First
May 16, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,903
$193,391
48%
51%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,903/mo
$-263/mo
8.0%

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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