45Days on Market

1view

$599,000

$625,000

2121 Potomac Dr # B, Houston, TX, 77057

On Market

Price Drop

3 Beds

5 Bath

3,056 Sq Ft

$196.01 / sqft

Built in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Convection Oven, Double Oven, Microwave, Gas Cooktop, Full Size, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard

Lot Size2,008 sqft

Building Information

Year Built2000

Garage Spaces2

Land Information

APN1213590010002

Lot Number2

SubdivisionTaghi

Land UseResidential

Legal DescriptionLT 2 BLK 1 TAGHI

Census Tract431302

Assessed Land Value$140,056

Assessed Improvement Value$524,944

Assessment Year2025

About this property

Beautiful 3-story townhome located in a gated enclave nestled in the heart of Westhaven Estates in the desirable Tanglewood/Galleria area. Elevator capable! FIRST FLOOR LIVING! Newer roof ('23), newer ACs ('20 & '25) & furnaces ('21 & '20), plus newer carpet. Formal entry leads to a spacious family room w/ built-ins & fireplace. Open & functional floor plan w/large dining room; ideal for entertaining. Kitchen w/ breakfast bar seating boasts SS appliances + a butler's pantry/bar area. Convenient breakfast area/den w/built-ins; ideal for everyday living. 2nd floor expansive primary suite w/ en suite bath w/huge walk-in closet. 2 add'l guest beds EACH w/an en suite bath on 2nd floor. 3rd floor bonus areas (w/full bath) could be a combination of spaces that fit your needs (ideal 4th bed, media rm, study, gym - you name it!). Patio w/ room for grill/outfoor furniture. Storage galore! Location, location, location! Minutes from tons of popular grocery stores/dining/shopping. A must see!

Investor Tools

$429,579Estimated Mortgage Balance

$292,421Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,332 /month

Positive

Cash Flow Estimate:

$1,444 /month

Interested in this property?

Rachel Conkling

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,237/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,229

$665,000

2025

$140,056

$524,944

$665,000

Tax History

Year

Tax Paid

Assessed Value

2024

$11,229

$665,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Red River Bank

Conventional

$450,000

First

Jan 23, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$429,579

$292,421

40%

59%

$2,698/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,030/mo

$2,698/mo

$-668/mo

3.4%

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