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$5,595,000

2240 Del Monte Drive, Houston, TX, 77019

On MarketInfo
Beds5 Beds
Baths8 Bath
Baths7,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$760.91 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringMarble, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size10,463 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN0601550450036
Lot Number36
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 36 BLK 45 RIVER OAKS SEC 1
Census Tract411100
Assessed Land Value$1,726,230
Assessed Improvement Value$3,837,357
Assessment Year2025

About this property

Elegant English-inspired residence in the heart of River Oaks, blends classic architecture with refined, updated interiors. Fresh designer touches - including wallpaper accents, layered lighting, and elevated finishes - create a sophisticated yet comfortable atmosphere. The spacious kitchen features Miele appliances, custom cabinetry, marble countertops, and a seamless flow to main living areas. High ceilings, abundant natural light, and manicured views enhance the gracious formal and casual spaces. The second floor offers a generous primary suite with sitting area, three spacious secondary bedrooms, and a central study nook with custom built-ins. The third floor provides flexibility with a large game/media room, full bath, flex space for a gym, office, or hobby room, and ample storage. An elevator serves all levels. Additional features include guest quarters and a resort-style backyard with pool and outdoor kitchen - a timeless offering in Houston's most prestigious neighborhood.

Investor Tools

$5,716,300Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$33,978 /month
Positive
Cash Flow Estimate:
$11,326 /month

Interested in this property?

Mike Mahlstedt

Compass RE Texas, LLC - Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8,255/month
$2,840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$70,740
$5,563,587
2025
$1,726,230
$3,837,357
$5,563,587
No

Tax History

Year
Tax Paid
Assessed Value
2024
$70,740
$5,563,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Arm (Adjustable Rate Mortgage)
$3,500,000
No
First
Jul 26, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,716,300
N/A
0%
101%
$35,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$37,874/mo
$-34,534/mo
0.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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2240 Del Monte Drive | Property Details | No Agent List