$249,000
9218 Landwood Dr, Houston, TX, 77040
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Convection Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringEngineered Wood, Slate, Tile
Exterior
Lot Size6,848 sqft
Building Information
Year Built1969
Stories1
Garage Spaces2
Land Information
APN0992870000051
Lot Number51
SubdivisionWoodland Trails
Land UseResidential
Legal DescriptionLT 51 BLK 1 WOODLAND TRAILS SEC 1
Census Tract532400
Assessed Land Value$60,583
Assessed Improvement Value$146,038
Assessment Year2025
About this property
Meticulously maintained home in Woodland Trails. This is only the second owner and the home has been well taken care of. Recent roof and HVAC replacement (2023). Kitchen and bathroom updates throughout.
Investor Tools
$61,267Estimated Mortgage Balance
$180,733Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
$120/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$101
$206,621
2025
$60,583
$146,038
$206,621
No
Tax History
Year
Tax Paid
Assessed Value
2024
$101
$206,621
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Loan Amount $1-9 Billion - Only First 9-Digits Of Loan Amount Entered Due To Field Length Limitations. Need To Multiply Loan Amount Field By 10 For The Actual Amount.
$810,000
No
First
Jul 23, 2014
Aug 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,267
$180,733
74%
25%
$286/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$406/mo
+$1,316/mo
8.5%
