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$587,000

NAL Estimated Property Value

2203 Lazybrook Dr, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.02 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,414 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0892430000016
Lot Number16
SubdivisionLazybrook
Land UseResidential
Legal DescriptionLT 16 BLK 8 LAZYBROOK SEC 7
Census Tract511001
Assessed Land Value$365,300
Assessed Improvement Value$89,030
Assessment Year2025

About this property

2203 Lazybrook sits nestled among soaring trees in the heart of the Inner Loop of Houston. The floorplan features 3 beds, 2 secondary and 1 ensuite, 2 full baths, a large two car garage, and a kitchen with island seating, granite countertops, and ample cabinetry. This home is just a short distance to all the Greater Heights has to offer like Hughie's, Spaghetti Western, Star Sailor, and loads of other hot stops as well as less than 2 blocks away from White Oak Bayou Greenway Trail. Close to 610, I10, 290, and I45 and zoned to Sinclaire Elementary. Refrigerator, Washer, Dryer, and Lawn Maintenance included.

Investor Tools

Property Icon
$587,000
Estimated Property Value
$116,211Estimated Mortgage Balance
$470,789Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,522 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,719
$454,330
2025
$365,300
$89,030
$454,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,719
$454,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rmc Vanguard Mortgage Corp
Conventional
$173,800
No
First
Feb 22, 2012
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,211
$405,789
77%
20%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
4.6%

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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2203 Lazybrook Dr | Property Details | No Agent List