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$1,532,000

NAL Estimated Property Value

1027 Briarmead Dr, Houston, TX, 77057

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,447 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$418.88 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher, Water Purifier

Exterior

Private PoolPrivate Pool
Lot Size7,701 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0850690000564
SubdivisionBriargrove
Land UseResidential
Legal DescriptionTR 564 BLK 27 BRIARGROVE SEC 7
Census Tract431504
Assessed Land Value$763,686
Assessed Improvement Value$483,189
Assessment Year2025

About this property

Exceptional Briargrove home that has been beautifully updated! This stunning Mid-century modern home sits on a large lot and has an open floor plan throughout that boasts natural lighting. The home features a spacious 3 bedrooms and 2 bathrooms. Enjoy a large living + dining area that seamlessly flows into the fabulous updated kitchen and a breakfast room that features a glass wine room. The home was completely remodeled down to the studs in 2020, including new plumbing and electric. Recent updates include all new appliances and A/C and furnace in 2020, pool and spa resurface in 2021, and a new pool heater and pumps installed 2022. Home includes a 12KW natural gas generator, a Culligan soft water filter system, an outdoor natural gas pit, and a custom outdoor island and grills with TV -- perfect for entertaining! Don’t miss out on seeing this one of a kind home.

Investor Tools

Property Icon
$1,532,000
Estimated Property Value
$475,716Estimated Mortgage Balance
$1,056,284Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,192 /month
Positive
Cash Flow Estimate:
$3,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,963/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,899
$1,246,875
2025
$763,686
$483,189
$1,246,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,899
$1,246,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$500,000
No
First
Sep 28, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,716
$1,069,284
69%
31%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$3,998/mo
$-1,968/mo
1.6%

City: Houston

1027 Briarmead Dr | Property Details | No Agent List