4Days on Market

1view

$275,000

2022 Wavell Street, Houston, TX, 77088

$282,055 ARV

On Market

Just Added

3 Beds

3 Bath

1,722 Sq Ft

Single Family Residence

$159.7 / sqft

Built in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Lot Size3,720 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN1429540010002

Lot Number2

Land UseResidential Single Family

Legal DescriptionLT 2 BLK 1 WAVELL GARDENS

Census Tract533402

Assessed Land Value$53,568

Assessed Improvement Value$180,863

Assessment Year2025

About this property

NEW CONSTRUCTION offering modern design & exceptional city-wide connectivity! Just 8 miles from The Heights, this 3-BDRM 2.5-BTH home delivers the rare combination of new construction & central convenience. Soaring ceilings & abundant natural light create a bright, open layout designed for everyday living & entertaining. The kitchen features quartz counters, 42” shaker-style cabinetry & stainless steel appliances with seamless flow into the living & dining areas. The primary suite offers a serene bath with dual vanities, soaking tub, separate shower & walk-in closet, plus private balcony. Secondary bedrooms adapt to your lifestyle with space for guests, home office, or creative space. Outdoors, enjoy an expansive backyard with covered patio. With quick access to I45, 610, 290, Bltwy 8 & 249, commuting to Downtown, The Heights, & the Galleria is easy. Minutes from shopping, dining & everyday essentials, this location puts daily convenience right at your doorstep.

Investor Tools

$0Estimated Mortgage Balance

$280,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$282,055

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,680 /month

Positive

Cash Flow Estimate:

$560 /month

Interested in this property?

Ryan Jockers

Better Homes and Gardens Real Estate Gary Greene - Champions

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$117/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$234,431

2025

$53,568

$180,863

$234,431

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$234,431

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$280,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

7.4%

Learn About the Market: Opportunity in Houston

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