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A+
NoAgentList RatingHow are grades calculated? Info

$581,000

10623 Del Monte Dr, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,499 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.67 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer
FlooringTile, Wood

Exterior

Lot Size9,527 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN0953060000021
Lot Number21
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionLT 21 BLK 11 WALNUT BEND SEC 3 R/P
Census Tract450900
Assessed Land Value$181,280
Assessed Improvement Value$390,790
Assessment Year2025

About this property

Stunning updated property in the heart of Walnut Bend. This fully updated home will leave you breathless. Fabulous baths with penny tile floor in guest + dual sinks, custom vanities, master has hex marble tile floor, seamless glass shower + Jacuzzi tub and to-die-for custom walk in closet! Master suite with French doors leading out to phenomenal patio with beautiful oak tree canopy. Granite & quartz counters throughout. Remodeled laundry room has drying racks and double sided hamper leading to master bath. Formal rooms feature delicate inset moldings and most windows outfitted with plantation shutters. Gas cook top in kitchen, double ovens, tumbled marble backsplash, under counter lighting. Other updates include polished chrome door hardware, double pane windows, tons of closet space, mud room storage at back door, custom built ins, huge picture windows, 2021 tankless water heater (attic), covered patio and spacious backyard. Workshop behind garage. Walk to pool, park, tennis courts.

Investor Tools

Property Icon
$581,000
Estimated Property Value
$349,089Estimated Mortgage Balance
$265,871Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,486 /month
Positive
Cash Flow Estimate:
$1,162 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,192/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,401
$572,070
2025
$181,280
$390,790
$572,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,401
$572,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mcb Gst Exempt General Power Trust
Conventional
$349,089
No
First
Apr 21, 2021
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,129
$278,871
46%
54%
$2,093/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,018/mo
$-578/mo
5.0%

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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10623 Del Monte Dr | Property Details | No Agent List