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$490,000

8521 Western Dr, Houston, TX, 77055

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$387.66 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringWood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0762250030208
Lot Number208,209
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionE 27.5 FT LT 208 & W 37.5 FT LT 209 BLK 3 RIDGECREST SEC 2
Census Tract520604
Assessed Land Value$229,500
Assessed Improvement Value$119,938
Assessment Year2025

About this property

Welcome to 8521 Western Dr in Houston’s Spring Branch area. This charming 3 bedroom, 1 bath home offers comfortable living along with exciting future possibilities. The home features an inviting living area, separate dining space, beautiful wood flooring throughout much of the home, and a functional kitchen with ample cabinet space. Outside, enjoy a spacious fenced backyard with room for entertaining, pets, gardening or future possibilities, plus a storage shed. Situated on an approximately 7,800 square foot lot, this property offers flexibility for an owner occupant, investor or buyer considering future redevelopment, subject to applicable requirements. A unique opportunity to own a home and sizable lot in an area experiencing substantial new construction and redevelopment.

Investor Tools

$6,469Estimated Mortgage Balance
$368,531Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Macrina Martinez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,905
$349,438
2025
$229,500
$119,938
$349,438
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,905
$349,438

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Edward E Lindsay
Seller Carryback / Seller Financing / Seller Take-Back
$11,000
No
First
May 18, 2006
Jul 2006

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,469
$368,531
98%
2%
$81/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$81/mo
+$1,641/mo
5.5%

City: Houston

8521 Western Dr | Property Details | No Agent List