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Owner Contacts

$196,314

NAL Estimated Property Value

1001 Westmont Drive, Houston, TX, 77015

Off Market

3 Beds

1 Bath

1,265 Sq Ft

Single Family Residence

$173.12 / sqft

Built in 1953

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringSlate, Wood

Exterior

Lot Size8,664 sqft

Building Information

Year Built1953

Stories1

Garage Spaces1

Land Information

APN0750860520339

SubdivisionHome Owned Estates

Land UseResidential

Legal DescriptionLT 1339 BLK 5O HOME OWNED ESTATES SEC 3

Census Tract233200

Assessed Land Value$59,147

Assessed Improvement Value$137,167

Assessment Year2025

About this property

Great Location! Great Value! TOTALLY REMODELED 3 Bedroom on Corner Lot with Easy Access to I-10. UPDATES INCLUDE NEW PEX PLUMBING, NEW HVAC SYSTEM, NEW ELECTRICAL WIRING, NEW ROOF, NEW WINDOWS, NEW KITCHEN & BATHROOM FIXTURES, NEW LIGHT FIXTURES WITH CAN LIGHTING THROUGHOUT, REFINISHED HARDWOOD FLOORS, FRESH PAINT INSIDE & OUT. Recent breaker box. Foundation repaired-35 piers. Kitchen has new stainless appliances, stainless undermount sink, garbage disposal, gas oven with microwave vent hood, granite counters, slate floors. New 6 panel interior doors throughout. Fenced back yard with covered back patio. Finished garage with textured walls & epoxy floor would make a great Man Cave! THIS HOUSE HAS NEVER FLOODED!!

Investor Tools

$196,314

Estimated Property Value

$227,616Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,314 /month

Positive

Cash Flow Estimate:

$438 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$278/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,350

$196,314

2025

$59,147

$137,167

$196,314

Tax History

Year

Tax Paid

Assessed Value

2024

$2,350

$196,314

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Financial Services Llc

Fha

$211,105

Yes

First

Jun 28, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$227,616

N/A

116%

$1,467/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,467/mo

+$255/mo

10.5%

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