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Owner Contacts

$370,817

NAL Estimated Property Value

1951 Woodvine Dr, Houston, TX, 77055

Off Market

3 Beds

2 Bath

1,560 Sq Ft

Single Family Residence

$189.1 / sqft

Built in 1960

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

FlooringCarpet, Wood

Exterior

Lot Size8,063 sqft

Building Information

Year Built1960

Stories1

Garage Spaces5

Land Information

APN0841180000026

SubdivisionLong Point Oaks

Land UseResidential

Legal DescriptionTR 26A BLK 7 LONG POINT OAKS

Census Tract520400

Assessed Land Value$167,904

Assessed Improvement Value$202,913

Assessment Year2025

About this property

Charming 3 Bedroom/2 bath home in the very desirable Spring Branch area. Extra room but can used as a formal dining or a study. Home was recently updated: new roof, new gutters, new double-pane windows, new garage doors, beautiful wood flooring throughout the living and dining areas. Updated kitchen includes new tile, new countertops, new sink, updated cabinets, and a new breakfast bar. The home sits on a huge corner lot; Spacious two-car garage with extra storage space. Two storages sheds in back. Enclosed backyard has a large covered patio to enjoy Texas BBQs. Includes all appliances: Refrigerator, stove, microwave, washer and dryer, and small built-in fridge in kitchen. This is your opportunity to own a lovely single family home located within minutes from Memorial City, Katy Freeway, Beltway 8, Town & Country and the Energy Corridor. The home has Never Flooded and is not in a flood zone!!

Investor Tools

$370,817

Estimated Property Value

$224,666Estimated Mortgage Balance

$146,151Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,225 /month

Positive

Cash Flow Estimate:

$742 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$424/month

$25/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,239

$370,817

2025

$167,904

$202,913

$370,817

Yes (2022)

Tax History

Year

Tax Paid

Assessed Value

2024

$3,239

$370,817

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$228,000

First

Jul 11, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$224,666

$146,151

39%

61%

$1,367/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,392/mo

+$330/mo

5.6%

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