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$220,000

2018 Westlake Way, Houston, TX, 77084

$241,542 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,003 Sq Ft
price_per_sqft$109.84 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,163 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1058810000006
Lot Number6
SubdivisionWestlake
Land UseResidential
Legal DescriptionLT 6 BLK 10 WESTLAKE SEC 1
Census Tract541801
Assessed Land Value$45,264
Assessed Improvement Value$201,594
Assessment Year2025

About this property

Charming 4-bedroom, 2.5-bath home located in the established Westlake community. This well-maintained property features a living area with abundant natural light and a functional layout ideal for everyday living and entertaining. The kitchen offers ample cabinet space and opens to the dining area for easy gatherings. The primary suite includes a private bath and generous closet space. Step outside to a large backyard featuring a private pool. Conveniently located with easy access to I-10, shopping, dining, and nearby schools. Great opportunity to own in a desirable neighborhood.

Investor Tools

$222,882Estimated Mortgage Balance
$23,976Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$241,542
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,481 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,991
$246,858
2025
$45,264
$201,594
$246,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,991
$246,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Fha
$245,471
Yes
First
Sep 8, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,882
$23,976
9%
90%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,472/mo
+$1,168/mo
12.8%

City: Houston

2018 Westlake Way | Property Details | No Agent List