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$1,298,000

137 Pamellia Dr, Bellaire, TX, 77401

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.96 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Concrete, Tile, Wood

Exterior

Lot Size7,919 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN0751310000030
Lot Number30
SubdivisionPalm Court
Land UseResidential
Legal DescriptionLT 30 PALM COURT
Census Tract412700
Assessed Land Value$490,240
Assessed Improvement Value$771,760
Assessment Year2025

About this property

Revel in this custom Texas-style home zoned to highly sought Horn Elementary School! This spectacular 2-story house perfectly situated in the heart of Bellaire flaunts a breathtaking view of the community through the lush vacant lot next to it. Boasting plenty of spaces perfect for entertaining, 137 Pamellia Drive features 2 potential home offices ideal for work/study area. At the heart of this lovely abode is a gourmet kitchen flaunting a large island perfect for cooking and entertainment. Experience a relaxing slumber in the primary bedroom that has a sizable walk-in closet and an ensuite bathroom featuring a tub, a glass-enclosed shower area, and dual vanities. Family and friends can enjoy the outdoors with the fenced backyard patio inspiring a private oasis and a covered front porch. Experience all these in a central location near top-rated schools, The Galleria, Medical Center, Energy Corridor, & Downtown! No flooding per the sellers.

Investor Tools

Property Icon
$1,298,000
Estimated Property Value
$706,875Estimated Mortgage Balance
$573,929Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,788 /month
Positive
Cash Flow Estimate:
$2,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,042/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,019
$1,262,000
2025
$490,240
$771,760
$1,262,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,019
$1,262,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$706,875
No
First
Nov 4, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$724,071
$550,929
43%
56%
$3,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,346/mo
$-6/mo
3.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bellaire

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137 Pamellia Dr | Property Details | No Agent List