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$572,000

NAL Estimated Property Value

24 Waugh Drive B, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,907 Sq Ft
price_per_sqft$171.96 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,461 sqft

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1217150010027
Lot Number27
SubdivisionWaugh Drive T/H
Land UseResidential
Legal DescriptionLT 27 BLK 1 WAUGH DRIVE T/H
Census Tract510702
Assessed Land Value$236,037
Assessed Improvement Value$252,522
Assessment Year2025

About this property

Beautiful Perry built home in a gated enclave off Waugh Drive. Ideally situated in the community, this home has a lot to offer. You are close to all inner loop Houston has to offer, Buffalo Bayou trails, Heights life, Washington corridor, downtown, Memorial Park (don't forget VooDoo Donuts and HEB)! This community has a small park area and visitor parking inside the gates. Inside the home is a large ground floor bedroom with full bath and generous closet that opens to a useable patio. Upstairs to second floor living that is wide open and light filled. Faux painted dining room for intimate dinners or large dinner parties. Custom built bookcases, gas log fireplace and open kitchen with counterspace for days. Third floor offers a spacious primary suite with generous bath and closet along with a secondary en suite bedroom. Utility room is also third floor. Roof 2021 HVAC 2015 Location, location, location!!!

Investor Tools

Property Icon
$572,000
Estimated Property Value
$274,984Estimated Mortgage Balance
$297,016Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,432 /month
Positive
Cash Flow Estimate:
$1,144 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$2,693/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,333
$488,559
2025
$236,037
$252,522
$488,559
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$11,333
$488,559

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Bureau Bank Fsb
Purchase Money Mortgage
$290,000
No
First
Jul 26, 2023
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,984
$297,016
51%
48%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,432/mo
$-1,852/mo
5.4%

City: Houston