19view

Owner Contacts

$288,000

NAL Estimated Property Value

1535 Bamwick Dr, Houston, TX, 77090

Off Market

4 Beds

3 Bath

2,579 Sq Ft

$113.42 / sqft

Built in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringTile, Vinyl

Exterior

Lot Size10,084 sqft

Building Information

Year Built1972

Stories2

Garage Spaces2

Land Information

APN1040510000037

Lot Number37

SubdivisionPonderosa Forest

Land UseResidential

Legal DescriptionLT 37 BLK 1 PONDEROSA FOREST SEC 6 R/P

Census Tract553101

Assessed Land Value$54,012

Assessed Improvement Value$225,938

Assessment Year2025

About this property

Welcome to this Beautiful Two Story Home located in Ponderosa Forest subdivision! This well-maintained home is seated right at a great-sized Corner Lot w/ an oversized garage and huge driveway. Features with lots of renovations - Tile Floor, Fresh Paint, Double Panel Windows. Kitchen upgrades Granite Countertops w/ island - 42in cabinets, experience the charm of your morning with a beautiful bay window in the breakfast area. The family room is a cozy haven featuring a warm chimney and a stylish bar, perfect for entertaining loved ones. Step into the backyard oasis where a delightful patio, just off the breakfast area, invites you to unwind and enjoy the outdoors. Lots of natural lights, tankless water heater, converted garages into studio room with built-in A/C unit and full bathroom. Close to groceries, schools, and shopping center. Easy to access I-45 Fwy, FM1960, and Beltway8. Schedule your tour today!

Investor Tools

$288,000

Estimated Property Value

$285,565Estimated Mortgage Balance

$2,435Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,755 /month

Positive

Cash Flow Estimate:

$585 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$254/month

$550/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,602

$279,950

2025

$54,012

$225,938

$279,950

Tax History

Year

Tax Paid

Assessed Value

2024

$1,602

$279,950

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

$289,367

Yes

First

Aug 27, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$285,565

$42,435

12%

99%

$1,735/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,320/mo

$2,285/mo

+$35/mo

9.7%

Learn About the Market: Opportunity in Houston

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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.

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