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$695,000

NAL Estimated Property Value

2303 Pomeran Dr, Houston, TX, 77080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,489 Sq Ft
price_per_sqft$280.84 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

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, Wine Refrigerator, Convection Oven, Gas Oven, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,672 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0981390000001
Lot Number1
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 1 BLK 4A SPRING SHADOWS SEC 3
Census Tract522101
Assessed Land Value$219,094
Assessed Improvement Value$220,526
Assessment Year2025

About this property

Completely renovated and expanded in sought-after Spring Shadows, 2303 Pomeran Lane blends classic character with modern design and function. Taken down to the studs and thoughtfully rebuilt, this home features new electrical, plumbing, HVAC, roof, and added square footage for improved flow and livability. Soaring 10’ ceilings and an open-concept layout center around a stunning kitchen with custom site-built cabinetry, a large custom island, pantry, and gas range. The spacious primary suite offers a private dry bar and a spa-inspired bath with a wet room and oversized soaking tub. Wide-plank white oak LVP flooring runs throughout the home, adding warmth and continuity. Living, dining, and common areas open through double sliding doors to a renovated pool and patio—ideal for everyday living and entertaining. A rare opportunity to own a truly move-in-ready, fully updated home in a coveted neighborhood.

Investor Tools

Property Icon
$695,000
Estimated Property Value
$663,081Estimated Mortgage Balance
$31,919Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$336/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$455
$439,620
2025
$219,094
$220,526
$439,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$455
$439,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Huntington National Bank
Conventional
$665,000
No
First
Mar 6, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$663,081
$30,919
4%
95%
$3,988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$4,324/mo
$-2,098/mo
3.8%

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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