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Owner Contacts

$689,700

NAL Estimated Property Value

1218 Potomac Dr, Houston, TX, 77057

Off Market

3 Beds

3 Bath

2,091 Sq Ft

$274.99 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Electric Oven, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Courtyard

Lot Size3,189 sqft

Building Information

Year Built1982

Stories2

Garage Spaces1

Land Information

APN0761800470004

SubdivisionWesthaven Estates

Land UseResidential

Legal DescriptionTR 341D BLK 13 1218 POTOMAC T/H U/R WESTHAVEN ESTATES SEC 2

Census Tract431504

Assessed Land Value$148,337

Assessed Improvement Value$541,363

Assessment Year2025

About this property

Nestled In The Heart Of Charming Westhaven Estates, This Impeccably Remodeled Home Offers Timeless Elegance Just Moments From Houston Country Club. Designed With Both Style & Functionality In Mind, First Floor Is A Dream For Entertaining, Featuring Sun-drenched Living Spaces With Abundant Formals, Multi-piece Crown Molding, & A Seamless Flow Into A Formal Dining Room Perfect For Gatherings. Upstairs, The Luxurious Primary Retreat Boasts A Spa-like Bathroom & Two Generously Sized Walk-in Closets. Two Secondary Bedrooms Provide Comfort & Convenience, Including One With An En-suite Bath. Freshly Renovated In 2024, This Home Radiates Modern Sophistication While Preserving Its Classic Charm. With No HOA, Enjoy The Freedom To Personalize Your Space To Suit Your Needs. Don’t Miss This Rare Opportunity To Own A Beautifully Updated Home In One Of Houston’s Most Desirable Locations. Enjoy Easy Access To Upscale Shopping, Dining And Entertainment As Well As Convenient Proximity To Major Highways.

Investor Tools

$689,700

Estimated Property Value

$209,731Estimated Mortgage Balance

$479,969Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,138 /month

Positive

Cash Flow Estimate:

$1,379 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,335

$689,700

2025

$148,337

$541,363

$689,700

Tax History

Year

Tax Paid

Assessed Value

2024

$3,335

$689,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Suntrust Mortgage Inc

Conventional

$309,000

First

Jun 20, 2012

Jul 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,731

$479,969

69%

30%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,030/mo

N/A

+$2,030/mo

3.5%

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