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$1,526,000

NAL Estimated Property Value

1024 Waltway Dr, Houston, TX, 77008

$1,551,574 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,207 Sq Ft
price_per_sqft$297.1 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,381 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN0771810050003
Lot Number3
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 3 BLK 5 TIMBERGROVE MANOR
Census Tract511201
Assessed Land Value$467,400
Assessed Improvement Value$934,557
Assessment Year2025

About this property

Majestic new construction on a large Timbergrove lot, just down the road from the White Oak Bayou Greenway Trail, and close to all the new restaurants and bars along N. Shepherd. From designer selected light fixtures to marble and quartzite countertops, this just completed custom home provides 4,207 SF of living space filled with gorgeous selections and finishes. So many intricate design details throughout as well, including a coffered ceiling, ornate stair railings, decorative tiles, and stained glass windows. Spectacular kitchen with huge island, Thermador appliances (including double oven), wine fridge, walk-in pantry, and coffee bar, plus adjacent breakfast room that features built-in bench seating. Spacious, beautifully landscaped backyard has a storage shed and plenty of room for a pool. Other notable highlights include a luxurious primary suite, a game room, a wine room, 2 fireplaces, high ceilings, and a covered back porch with summer kitchen.

Investor Tools

Property Icon
$1,526,000
Estimated Property Value
$1,128,689Estimated Mortgage Balance
$397,311Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,551,574
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,156 /month
Positive
Cash Flow Estimate:
$3,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,301
$1,401,957
2025
$467,400
$934,557
$1,401,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,301
$1,401,957

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$1,000,000
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,128,689
$410,311
26%
74%
$7,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$7,495/mo
$-4,615/mo
2.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1024 Waltway Dr | Property Details | No Agent List