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Owner Contacts

$2,369,794

NAL Estimated Property Value

1 Crestwood Dr, Houston, TX, 77007

Off Market

3 Beds

3 Bath

2,583 Sq Ft

Single Family Residence

$658.15 / sqft

Built in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dishwasher

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size27,443 sqft

Building Information

Year Built1981

Garage Spaces3

Land Information

APN0690290000018

SubdivisionCrestwood Acres

Land UseResidential

Legal DescriptionTR 18 & TR 12A GLEN COVE CRESTWOOD ACRES

Census Tract510803

Assessed Land Value$1,966,575

Assessed Improvement Value$403,219

Assessment Year2025

About this property

27,442 sq ft, 1 of largest lots in area by far. MOVE-IN READY. “The Treehouse”. CANNOT get more wooded or private inside the Loop. Next to hidden Hogg Bird Sanctuary, nature’s your neighbor. Designed by famed Astrodome architect Talbott Wilson, soaring steel construction perched in treetops. Viking appliances,premier fixtures. Custom pool,motor court, flooring,remote control blinds. Indulgent master suite down w/custom closet,luxurious shower,Bain jet tub,Toto toilet,anteroom to read/exercise.Elevator all 3 flrs. Whole home generator. Split unit A/Cs. 2nd owners, upgraded 2013 to present. Grand parties held here. Modern arch captures views; balcony, waterfalls, fire elements. True “grounds” on 2/3 acre, improved walking paths. Party pool w/hot tub inside grotto, slide, waterfall, fire. Careful attention paid to natural scenic landscaping. Visit Eastern Glades at Memorial Park, lots happening nearby, incl PGA golf course coming. Please see Virtual Tour.

Investor Tools

$2,369,794

Estimated Property Value

$1,230,087Estimated Mortgage Balance

$1,139,707Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$14,219 /month

Positive

Cash Flow Estimate:

$4,740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,565/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$30,936

$2,369,794

2025

$1,966,575

$403,219

$2,369,794

Tax History

Year

Tax Paid

Assessed Value

2024

$30,936

$2,369,794

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Us Bank Na

Conventional

$1,360,000

First

May 28, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,230,087

$1,139,707

48%

52%

$8,154/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$8,154/mo

$-5,574/mo

1.3%

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