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B+
NoAgentList RatingHow are grades calculated? Info
Days118Days on Market
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$485,000

1940 Purswell Road, Houston, TX, 77055

$493,827 ARVInfo
On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.91 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size1,546 sqft

Building Information

Garage Spaces2

Land Information

APN1360850010024
Lot Number24
Land UseResidential
Legal DescriptionLT 24 BLK 1 SILBER ESTATES
Census Tract520400
Assessed Land Value$135,423
Assessment Year2025

About this property

Introducing The Avila, a stunning three-story, 3-bedroom, 3.5-bath residence by AKM Builders, blending elevated farmhouse charm with modern luxury. Situated in the highly sought-after Spring Branch neighborhood, this new construction home showcases an open-concept layout, custom cabinetry, wood and vinyl flooring throughout (including all stairs), and his-and-her custom closets. Premium finishes and thoughtful upgrades are included as standard. The first floor offers a full bedroom and bath, perfect for guests or a private office, while the top level features the spacious primary suite. Located in the heart of Houston, you’ll enjoy quick access to the Galleria, Memorial Park, Memorial City Mall, and an array of dining and entertainment options. This gated community offers energy-efficient design, generous living space, and is surrounded by exciting planned developments, including future high-speed rail access, making it an exceptional choice for both comfort and long-term value.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$0Estimated Mortgage Balance
$180,865Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$493,826
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Michael Stavinoha

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,527
$135,423
2025
$135,423
N/A
$135,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,527
$135,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alpha Capital Management Llc Protected S
Open End Mortgage / Open End With Future Advance Clause
$300,000
No
First
Mar 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,135
$180,865
37%
62%
$1,799/mo

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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1940 Purswell Road | Property Details | No Agent List