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B+
NoAgentList RatingHow are grades calculated? Info

$336,000

1922 Pepper Hill Way, Houston, TX, 77058

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.34 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1980
Stories2
Garage Spaces1

Land Information

APN1105760000028
Lot Number28
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionLT 28 UNIVERSITY GREEN SEC 3
Census Tract341303
Assessed Land Value$66,500
Assessed Improvement Value$207,845
Assessment Year2025

About this property

THIS IS THE ONE YOU'VE BEEN WAITING FOR - BEAUTIFULLY UPDATED, FULLY GATED PATIO HOME IN SOUGHT AFTER UNIVERSITY GREEN WITH NO BACK NEIGHBORS AND NEIGHBORHOOD AMENITIES JUST A HALF BLOCK AWAY! STEP INSIDE TO A STUNNING DESIGN WITH VAULTED BEAMED CEILING AND LUXURY VINYL PLANK FLOORING THROUGHOUT THE LIVING AREAS, DEN WITH FIREPLACE SURROUNDED BY A WALL OF WINDOWS, FORMAL DINING ROOM, UPDATED KITCHEN WITH GRANITE COUNTERS, WINE FRIDGE, STAINLESS STEEL APPLIANCES, BREAKFAST ROOM WITH FRENCH DOORS LEADING TO A HUGE COVERED PATIO, 2 FULL BEDROOMS & A NICELY UPDATED FULL BATH. THE 2ND LEVEL OFFERS A STUDY NICHE WITH BUILT-INS AND A HUGE PRIMARY SUITE WITH SITTING AREA, PRIVATE BALCONY, UPDATED BATH WITH GRANITE COUNTERS, OVERSIZED WALK-IN SHOWER AND HIS/HER WALK-IN CLOSETS. IN ADDITION TO ALL THE UPDATES, THE PROPERTY FEATURES A RECENT ROOF (2022), AC (2021), FRENCH DRAINS, 2 CAR PORTE COCHERE WITH GARAGE DOOR OPENER AND STORAGE.

Investor Tools

Property Icon
$336,000
Estimated Property Value
$298,000Estimated Mortgage Balance
$39,292Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
$932/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,352
$274,345
2025
$66,500
$207,845
$274,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,352
$274,345

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Unknown
$298,000
No
First
Feb 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,708
$41,292
12%
88%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,719/mo
$-779/mo
6.9%

Learn About the Market: Opportunity in Houston

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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

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1922 Pepper Hill Way | Property Details | No Agent List