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$376,000

NAL Estimated Property Value

2126 Paso Rello Dr, Houston, TX, 77077

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
price_per_sqft$132.23 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee 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
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size5,323 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1135580000029
Lot Number29
SubdivisionBriar Wood
Land UseResidential
Legal DescriptionLT 29 BLK 1 BRIAR WOOD SEC 1
Census Tract451406
Assessed Land Value$78,001
Assessed Improvement Value$265,446
Assessment Year2025

About this property

The special and unique entry for this four bedroom two story home in West Houston’s Briar Wood community lends itself to entertaining and family fun. As you step inside the iron gate accented by a barn door for privacy, the gleaming pool unfolds before you. Double glass doors lead into the home’s light-filled foyer with open views of the living areas and impressive staircase. The first floor offers a stunning formal living room with fireplace and coffered ceiling, dining room, family room with a second fireplace, breakfast area, center island kitchen, laundry room and half bath. Upstairs is the generously sized primary suite with a third fireplace that is open to the ensuite bath. Three secondary bedrooms and full bath complete the second floor footprint. This property is part of the Briar Wood HOA affording residents the use of a community center & pool. Conveniently located close to the Energy Corridor, Beltway 8, popular restaurants and shopping on Houston’s west side.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$343,769Estimated Mortgage Balance
$32,231Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
$552/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,377
$343,447
2025
$78,001
$265,446
$343,447
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,377
$343,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$306,776
Yes
First
Sep 22, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,769
$31,231
8%
91%
$2,192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,744/mo
$-514/mo
7.1%

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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2126 Paso Rello Dr | Property Details | No Agent List