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$535,000

1948 Purswell Rd, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.62 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,573 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1360850010014
Lot Number14
Land UseResidential
Legal DescriptionLT 14 BLK 1 SILBER ESTATES
Census Tract520400
Assessed Land Value$135,675
Assessed Improvement Value$127,150
Assessment Year2025

About this property

Introducing The Sienna, a stunning three-story, 3-bedroom, 3.5-bath residence by a new builder, 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
$535,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$235,432Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,716
$262,825
2025
$135,675
$127,150
$262,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,716
$262,825

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$479,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$995/mo
+$727/mo
3.9%

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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1948 Purswell Rd | Property Details | No Agent List