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$239,000

NAL Estimated Property Value

2022 Derby Dr, Houston, TX, 77067

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,981 Sq Ft
price_per_sqft$124.18 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,299 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1078230000098
Lot Number98
SubdivisionRushwood
Land UseResidential
Legal DescriptionLT 98 BLK 16 RUSHWOOD SEC 3
Census Tract550601
Assessed Land Value$35,910
Assessed Improvement Value$188,735
Assessment Year2025

About this property

This home is a rare find in today’s market, with 4 bedrooms/2 baths and two oversized and cozy living spaces, this traditional single story split floor plan home is outstanding for entertaining or family gatherings. Step outside and find brand new privacy fencing enclosing the entire backyard complete with equipment shed and covered patio. Featuring remodeled baths with stand-up showers and tile flooring in both. New carpet and engineered wood flooring throughout living areas. Don't miss out on this amazing opportunity to make this house home.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$207,151Estimated Mortgage Balance
$31,849Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
$443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,773
$224,645
2025
$35,910
$188,735
$224,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,773
$224,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$221,906
Yes
First
Oct 3, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,151
$31,849
13%
87%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,774/mo
+$452/mo
11.2%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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2022 Derby Dr | Property Details | No Agent List