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$129,950

9623 Glenwood Forest Dr, Houston, TX, 77078

$168,935 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.92 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,139 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1012730000028
Lot Number28
SubdivisionGlenwood Forest
Land UseResidential
Legal DescriptionLT 28 BLK 9 GLENWOOD FOREST SEC 1
Census Tract231300
Assessed Land Value$39,924
Assessed Improvement Value$145,107
Assessment Year2025

About this property

Investor Special! Opportunity for buyers looking for a renovation project with plenty of potential. This property will require a full cleanout along with repairs and updating throughout, making it a great candidate for an investor, rehabber, or buyer ready to take on a project. Property is being sold in its current condition. Most listing photos have been virtually cleaned out to help buyers better visualize the home and its potential. Original condition photos are included for reference. Bring your vision and see the possibilities!

Investor Tools

$76,528Estimated Mortgage Balance
$139,472Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$168,935
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

Interested in this property?

Katherine Powers

UP Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$167
$185,031
2025
$39,924
$145,107
$185,031
No

Tax History

Year
Tax Paid
Assessed Value
2020
$167
$185,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$138,000
No
First
Sep 10, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,528
$139,472
64%
35%
$767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$767/mo
+$955/mo
9.6%

City: Houston

9623 Glenwood Forest Dr | Property Details | No Agent List