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Owner Contacts

$756,000

NAL Estimated Property Value

10047 Olympia Dr, Houston, TX, 77042

Off Market

3 Beds

2 Bath

2,052 Sq Ft

Single Family Residence

$377.68 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size8,403 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0931980000237

Lot Number237

SubdivisionBriargrove Park

Land UseResidential

Legal DescriptionLT 237 BLK 8 BRIARGROVE PARK SEC 1

Census Tract431001

Assessed Land Value$369,000

Assessed Improvement Value$163,463

Assessment Year2025

About this property

Gorgeous extensively updated home located in desirable Briargrove Park. Picture perfect front curb appeal w/a majestic oak tree! Fabulous updates include: New breaker box ('24), furnace ('21), double pane windows, replaced sewer lines ('21), PEX plumbing. Roof,ductwork,hardi plank siding, interior/exterior doors replaced ('15). Beautifully renovated kitchen equipped w/new cabinets, SS appliances, Taj Maha counters, subway tile backsplash. Breakfast nook w/built-in bench. Open floor plan w/light filled family room w/ beamed ceiling & fireplace w/bricked wall. Spacious formal living w/bay window. Formal dining; makes a great study or playroom. Primary suite w/en suite bath. 2 guest beds w/updated shared bath w/antique vanity. Engineered hardwoods; NO carpet! Wonderful backyard w/travertine patio, newer fence, grass area. Walking distance to neighborhood playground/pool/tennis courts. Minutes from popular shopping & dining at Town & Country Village, CityCentre & Memorial City. A must see!

Investor Tools

$756,000

Estimated Property Value

$641,639Estimated Mortgage Balance

$114,361Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,650 /month

Positive

Cash Flow Estimate:

$1,550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$959/month

$745/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,732

$532,463

2025

$369,000

$163,463

$532,463

Tax History

Year

Tax Paid

Assessed Value

2024

$7,732

$532,463

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Trustmark National Bank

Conventional

$650,000

First

May 30, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$641,639

$136,361

17%

85%

$3,794/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$4,539/mo

$-2,659/mo

3.0%

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