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$262,000

NAL Estimated Property Value

2035 Derby Dr, Houston, TX, 77067

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,821 Sq Ft
price_per_sqft$104.34 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,776 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1078260000044
Lot Number44
SubdivisionRushwood
Land UseResidential
Legal DescriptionLT 44 BLK 23 RUSHWOOD SEC 3
Census Tract550601
Assessed Land Value$35,551
Assessed Improvement Value$164,477
Assessment Year2025

About this property

Spectacular 5 Bedroom, 2.5 Bathroom home with tons of features and upgrades throughout in the highly desired subdivision of Rushwood. The Family Room sits off the Foyer upon entry with terrific tile flooring and space for entertaining or a Study. Luxurious Living Room with fabulous fireplace to cozy up next to on those colder days. Dedicated Dining Area with tile flooring, ceiling fan with lighting and space for meals with loved ones. Gourmet Kitchen boasts granite countertops, custom tile backsplash, stainless steel appliances, and an abundance of space for multiple cooks in the Kitchen. Secondary Bedroom on the first floor great for playroom or study if desired. Primary Sutie with tons of space to retreat to after a long day with plush carpet and access to the Primary Bathroom that offers his and her sinks, delicate white cabinetry and more! Spacious Secondary Bedrooms on the second level. Backyard with greenspace and area & space for time outside and to make your own! Welcome home!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$256,781Estimated Mortgage Balance
$5,219Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,624
$200,028
2025
$35,551
$164,477
$200,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,624
$200,028

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land-Home Financial Services
Fha
$260,200
Yes
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,781
$2,219
0%
98%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,026/mo
$-304/mo
7.9%

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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2035 Derby Dr | Property Details | No Agent List