1081Days on Market

1view

$369,500

1931 Westlake Rd, Houston, TX, 77062

On Market

4 Beds

2 Bath

1,973 Sq Ft

Single Family Residence

$187.28 / sqft

Built in 1965

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Vinyl

Exterior

Lot Size9,448 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0964640000191

Lot Number191

SubdivisionClear Lake City

Land UseResidential

Legal DescriptionLT 191 BLK 2O CLEAR LAKE CITY SEC 3

Census Tract340501

Assessed Land Value$60,244

Assessed Improvement Value$244,847

Assessment Year2025

About this property

Welcome to your oasis! This stunning 4 bedroom 2 bathroom home in the heart of Clear Lake is the perfect spot for you. This home offers a flex space in the front of the home, open concept living room, and a spacious dining room with a lovely coffee bar. You will also enjoy the backyard with plenty of space and a beautiful covered patio. To add, this home has updated windows, ac ducts and insulation, the roof was replaced in 2023, and foundation was repaired in 2018. All you need is the keys! Currently the front bedroom is being used as a media/theater room, sellers are working on converting it back to a bedroom. You do not want to miss out on this lovely home. Call for a private tour TODAY!

Investor Tools

$305,091

Estimated Property Value

$289,750Estimated Mortgage Balance

$30,811Estimated Equity

5% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,217 /month

Positive

Cash Flow Estimate:

$739 /month

Interested in this property?

Teri Brockway

Simien Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$344/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,603

$305,091

2025

$60,244

$244,847

$305,091

Tax History

Year

Tax Paid

Assessed Value

2024

$2,603

$305,091

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

J S C Federal Credit Union

Conventional

$289,750

First

Aug 10, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$275,213

$29,878

90%

$1,738/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,813/mo

$-91/mo

6.8%

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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