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$739,000

140 Pamellia Dr, Bellaire, TX, 77401

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$590.73 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher
FlooringTile

Exterior

Exterior FeaturesSprinkler System
Lot Size7,919 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN0751310000005
Lot Number5
SubdivisionPalm Court
Land UseResidential
Legal DescriptionLT 5 PALM COURT
Census Tract412700
Assessed Land Value$490,240
Assessed Improvement Value$23,668
Assessment Year2025

About this property

LIVE NOW, BUILD LATER! Tucked on a charming horseshoe street in close-in Bellaire and backing onto Vic Driscoll Park, 140 Pamellia lets you move into this traditional ranch-style 3-bedroom, 1-bath home today, then build your dream home on the wide 7,920 SF lot when you're ready. The light, airy kitchen features a 2026 refrigerator, range, microwave, and dishwasher, plus plenty of cabinet storage. Three generously sized bedrooms offer wood-look plank tile and ceiling fans, served by a hall bath with tub/shower. Updated windows with blinds and a 2026 washer and dryer are included! The fenced backyard is ideal for play, gardening, and entertaining. Attached 1-car garage plus extra driveway parking. Minutes to West U/Bellaire restaurants, parks, and shops, with easy access to the Texas Medical Center, downtown, and the Galleria. Near the Nature Discovery Center and Evergreen, Lafayette, and Evelyn's Parks. Zoned to Horn Elementary and Bellaire High School. Also available for lease.

Investor Tools

$287,306Estimated Mortgage Balance
$226,602Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

Interested in this property?

Kasteena Parikh

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,208
$513,908
2025
$490,240
$23,668
$513,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,208
$513,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Unknown
$369,750
No
First
Apr 4, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,306
$226,602
44%
56%
$2,217/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,217/mo
+$363/mo
6.0%

City: Bellaire

140 Pamellia Dr | Property Details | No Agent List