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$245,000

2003 Millhouse Rd, Houston, TX, 77073

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size8,281 sqft

Building Information

Year Built1973
Garage Spaces3

Land Information

APN1041140000015
Lot Number16
SubdivisionMemorial Hills
Land UseResidential
Legal DescriptionLT 16 BLK 17 MEMORIAL HILLS SEC 4 R/P
Census Tract240802
Assessed Land Value$43,481
Assessed Improvement Value$173,991
Assessment Year2025

About this property

This move-in ready home situated on a corner lot in an established neighborhood. This renovated open-concept floor plan features two spacious living areas, providing comfort, flexibility, and functionality for everyday living and entertaining. The kitchen opens seamlessly to the Living room, creating an inviting space for gatherings, while the additional living area offers endless possibilities as a family room or game room. A dedicated study makes working from home or managing daily tasks both convenient and private. The home offers three generously sized bedrooms and two well-appointed bathrooms, along with fresh interior paint and a brand-new roof, providing peace of mind and modern appeal. The spacious corner lot offers added privacy, curb appeal, and plenty of outdoor space to relax, play, or entertain. Conveniently located near major highways, shopping, dining, parks, and top-rated schools, this home combines modern updates, versatile living spaces, and an unbeatable location.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$91,172Estimated Mortgage Balance
$181,662Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Bridgette Crawford

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,448
$217,472
2025
$43,481
$173,991
$217,472
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,448
$217,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James B Nutter & Co
Fha
$91,172
Yes
First
Oct 25, 2012
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,338
$181,662
74%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$350/mo
+$1,372/mo
8.5%

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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2003 Millhouse Rd | Property Details | No Agent List