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Owner Contacts

$1,505,000

NAL Estimated Property Value

2245 Dryden Rd, Houston, TX, 77030

Off Market

3 Beds

3 Bath

2,472 Sq Ft

Single Family Residence

$525.49 / sqft

Built in 1936

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size7,070 sqft

Building Information

Year Built1950

Stories1

Land Information

APN0640930090002

SubdivisionSouthgate

Land UseResidential

Legal DescriptionTRS 2 & 3A BLK 9 SOUTHGATE

Census Tract412201

Assessed Land Value$848,340

Assessed Improvement Value$222,217

Assessment Year2025

About this property

This Randolph and Virginia West House was designed in a French style by Claude E. Hooton in 1936-37. Featured in several magazines and books such as Architectural Digest, Houston magazine and Houston Garden Book, Laura U of Laura U Design Collective, a luxury residential interior designer & previous owner of this home, restored it in 2012/2013. A historic landmark recognition was granted for its architectural value in 2013 which lowers property taxes each year! This beautifully proportioned home has 2472sf (per appraisal) and sits on a 7068sf (per HCAD) lot. This home offers gorgeous original parquet floors, octagonal entry hall, kitchen w/14' vaulted ceiling, both formals as well as a 2nd living area, primary suite, luxurious spa-like primary bath, 2 walk-in closets, and laundry/storage areas that were added in 2012/13. All the modern and trending amenities abound in this very special home! Easy proximity to Med Ctr, Rice U/Village, Hermann Park, Museum District. *All Per Seller.

Investor Tools

$1,505,000

Estimated Property Value

$970,844Estimated Mortgage Balance

$534,156Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,030 /month

Positive

Cash Flow Estimate:

$3,010 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,092/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,579

$1,070,557

2025

$848,340

$222,217

$1,070,557

Tax History

Year

Tax Paid

Assessed Value

2024

$17,579

$1,070,557

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$1,040,000

First

Oct 18, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$970,844

$534,156

35%

65%

$6,236/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,330/mo

$6,236/mo

$-3,906/mo

1.9%

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