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A+
NoAgentList RatingHow are grades calculated? Info

$347,000

2002 Millhouse Road, Houston, TX, 77073

$451,100 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.6 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,522 sqft

Building Information

Year Built1973
Garage Spaces3

Land Information

APN1041130000016
Lot Number16
SubdivisionMemorial Hills
Land UseResidential
Legal DescriptionLT 16 BLK 16 MEMORIAL HILLS SEC 4
Census Tract240802
Assessed Land Value$44,237
Assessed Improvement Value$243,463
Assessment Year2025

About this property

This corner-lot home has been remodeled from the roof to the floors and everything in between in the past 6 years. The first floor features vinyl plank flooring. The kitchen updates include cabinetry, granite countertops, and stainless-steel appliances. The family room offers a vaulted ceiling and accommodates multiple furniture layouts or uses. The primary bathroom has been updated with a soaking tub, walk-in shower, granite-top vanity with double sinks, and updated fixtures. The second-floor bedrooms are spacious and include access to a loft area and a full bathroom. The backyard includes a large patio, privacy fencing, and a recently installed fence. Additional features include a three-car garage, with one bay offering an extra-tall overhead door. The property is conveniently located approximately 20 minutes from Downtown Houston, about 10 minutes from The Woodlands, and approximately 10 minutes from IAH Airport.

Investor Tools

Property Icon
$347,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$451,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,440
$287,700
2025
$44,237
$243,463
$287,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,440
$287,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goprime Mortgage Inc
Stand Alone First / Home Equity First Lien
$353,100
No
First
Dec 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,540
N/A
0%
101%
$2,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,468/mo
$-242/mo
7.7%

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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2002 Millhouse Road | Property Details | No Agent List