Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$673,000

1615 Johanna Drive, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.92 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size3,912 sqft

Building Information

Year Built2017
Garage Spaces1

Land Information

APN0760970160007
Lot Number7
SubdivisionMelody Oaks 9th Par R/P & Extn
Land UseResidential
Legal DescriptionLT 7 BLK 1 MELODY OAKS 9TH PAR R/P & EXTN AMEND
Census Tract520302
Assessed Land Value$230,198
Assessed Improvement Value$311,668
Assessment Year2025

About this property

PLEASE VIEW THE HOME VIDEO! Almost new (2017*), 2514 square feet, 3915 SF corner lot in the highly desirable Melody Oaks. 3 beds, 2 1/2 baths, game room, study. Open floor plan, HARD WOOD FLOORS THROUGHOUT ENTIRE HOUSE. Open kitchen with QUARTZ counters and EXTRA LARGE QUARTZ ISLAND w/ SS appliances. Formal dining area and separate living room w/STUDY DOWNSTAIRS. Huge owner's retreat with SPACIOUS WALK IN CLOSETS, double quartz sinks large game room with built ins. Primary bath has double quartz vanities, large standing shower, separate bathtub and his and her walk-in closets. SO MUCH SPACE IN THIS HOUSE! LARGE BACKYARD AND SIDE YARD in GATED COMMUNITY. Easy commute to Downtown, the Galleria and City Centre. Schedule your showing today!

Investor Tools

Property Icon
$673,000
Estimated Property Value
$0Estimated Mortgage Balance
$327,307Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,038 /month
Positive
Cash Flow Estimate:
$1,346 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,039
$541,866
2025
$230,198
$311,668
$541,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,039
$541,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certainty Home Loans Llc
Conventional
$380,000
No
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,693
$327,307
48%
51%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,979/mo
$-1,257/mo
3.1%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1615 Johanna Drive | Property Details | No Agent List