$219,500
8506 Glenbrae St, Houston, TX, 77061
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size8,398 sqft
Building Information
Year Built1957
Stories1
Garage Spaces2
Land Information
APN0900720000013
Lot Number13
SubdivisionGulf Freeway Oaks
Land UseResidential
Legal DescriptionLT 13 BLK 7 GULF FREEWAY OAKS SEC 2
Census Tract333201
Assessed Land Value$66,612
Assessed Improvement Value$157,490
Assessment Year2025
About this property
Charming 3-bedroom home situated on a spacious corner lot! Features include original hardwood floors, granite countertops, updated kitchen cabinetry, recessed lighting, and remodeled bathrooms. Enjoy the large fenced backyard, storage shed, and extended driveway. Conveniently located near major highways, shopping, and Hobby Airport. A wonderful place to call home!
Investor Tools
$259,521Estimated Mortgage Balance
$224,102Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,345 /month
Positive
Cash Flow Estimate:
$448 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,831
$224,102
2025
$66,612
$157,490
$224,102
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,831
$224,102
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$240,562
Yes
First
Sep 15, 2022
Oct 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,521
N/A
0%
116%
$1,672/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,672/mo
+$50/mo
9.2%
