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$1,900,000

950 Langwick Dr, Houston, TX, 77060

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths6,084 Sq Ft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size10.08 acres

Building Information

Year Built2018

Land Information

APN1142720000005
SubdivisionGreenbriar North
Land UseCommercial
Legal DescriptionRES E GREENBRIAR NORTH SEC 8 R/P
Census Tract240505
Assessed Land Value$2,171,425
Assessed Improvement Value$997,887
Assessment Year2025

About this property

±8.87-acre undeveloped, wooded industrial land development site in the Greenspoint area of north Houston, on the south side of Langwick Dr just east of Wayforest Dr. The L-shaped site fronts both Langwick Dr and Wayforest Dr and wraps around a corner gas station/retail parcel. City of Houston utilities. The property lies within the 100-year floodplain. No zoning within the City of Houston. Surrounded by established multifamily communities, with retail along Greens Rd to the south. Quick access to Beltway 8, I-45 and the Hardy Toll Rd, and minutes from George Bush Intercontinental Airport (IAH). Near the North Houston Business District and Pinto Business Park. Aldine ISD schools: Greenspoint Elementary, Lewis Middle and Davis High.

Investor Tools

$2,249,115Estimated Mortgage Balance
$920,197Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,016 /month
Positive
Cash Flow Estimate:
$6,339 /month

Interested in this property?

David Marshall

Dosch Marshall Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$40,125
$3,169,312
2025
$2,171,425
$997,887
$3,169,312
No

Tax History

Year
Tax Paid
Assessed Value
2024
$40,125
$3,169,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstate Bank Na
Commercial
$2,300,000
No
First
Jul 25, 2025
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,249,115
$920,197
29%
71%
$13,790/mo

City: Houston

950 Langwick Dr | Property Details | No Agent List