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$333,000

2151 Paso Rello Dr, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size5,009 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1135590000011
Lot Number11
SubdivisionBriar Wood
Land UseResidential
Legal DescriptionLT 11 BLK 2 BRIAR WOOD SEC 1
Census Tract451406
Assessed Land Value$77,512
Assessed Improvement Value$217,097
Assessment Year2025

About this property

An amazing find in the heart of the Energy Corridor, this 1 story, 3 bedroom patio home is priced to sell & will steal your heart! Seller's gracious style & pride of ownership is reflected in all the details. Thoughtfully renovated, the wall was removed between dining & family room & doubly reinforced. Handsome wood beams punctuate the soaring cathedral ceilings & large-tiled marble floors anchor the crisp, light-filled rooms. The reimagined kitchen is picture-perfect with quartz counters, tiled-backsplash, SS appliances, redesigned peninsula, counter seating & coffee bar with lighted cabinetry. Custom wide-slat shutters & solid surface floors were installed throughout creating seamless transitions. Spa-like primary bath with complete makeover features a seamless glass shower with bench. Virtually every room enjoys outdoor views of the lovely grounds with full sprinkler system. Two bedrooms, family room & dining room access outdoor spaces. Bittersweet move for these sweet Sellers!

Investor Tools

Property Icon
$333,000
Estimated Property Value
$227,000Estimated Mortgage Balance
$110,337Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,701
$294,609
2025
$77,512
$217,097
$294,609
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,701
$294,609

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$227,000
No
First
Apr 22, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,663
$116,337
34%
67%
$1,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,911/mo
+$319/mo
8.0%

Learn About the Market: Opportunity in Houston

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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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2151 Paso Rello Dr | Property Details | No Agent List