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$749,000

NAL Estimated Property Value

2018 Millwood Dr, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,027 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$362.6 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size10,799 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0892050000004
Lot Number4
SubdivisionLazybrook
Land UseResidential
Legal DescriptionLT 4 & TR 5A BLK 13 LAZYBROOK SEC 5
Census Tract511001
Assessed Land Value$427,500
Assessed Improvement Value$232,528
Assessment Year2025

About this property

Welcome to 2018 Millwood Drive, a residence in the sought-after Lazybrook neighborhood! This 3 bed, 2.5-bath home located on a large lot offers a perfect blend of comfort and charm. Upon entering, you're greeted by spacious living and dining areas. The kitchen is updated with modern hardware & equipped with a cooktop & double oven for a seamless culinary experience. The primary and secondary bedrooms provide serene retreats, each thoughtfully designed for privacy. A bonus highlight is the playroom located towards the back of the home with a half bathroom. This flexible space could be used as a home office or home gym. Step outside to explore the private backyard, complete with a custom brick patio and plenty of green space to play and relax. The extra wide driveway area is perfect to hangout by the firepit or for kids to ride their scooters. Recent updates include double pane windows (2018), AC system (2020), Roof (2024), Driveway gate & Fence (2022) Full Seller Updates attached!

Investor Tools

Property Icon
$749,000
Estimated Property Value
$490,685Estimated Mortgage Balance
$258,315Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,578
$660,028
2025
$427,500
$232,528
$660,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,578
$660,028

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$495,000
No
First
Nov 17, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$490,685
$248,315
33%
66%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,968/mo
$-738/mo
3.6%

Learn About the Market: Opportunity in Houston

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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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2018 Millwood Dr | Property Details | No Agent List