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Owner Contacts

$707,700

NAL Estimated Property Value

2403 Droxford Dr, Houston, TX, 77008

Off Market

3 Beds

2 Bath

1,855 Sq Ft

Single Family Residence

$403.77 / sqft

Built in 1964

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size7,701 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN0921750000017

Lot Number17

SubdivisionTimbergrove Manor

Land UseResidential

Legal DescriptionLT 17 BLK 4 TIMBERGROVE MANOR SEC 13

Census Tract511001

Assessed Land Value$372,500

Assessed Improvement Value$335,200

Assessment Year2025

About this property

Absolutely stunning, renovated home on sizable corner lot in desirable Timbergrove! Lengthy update list includes windows, HVAC, electric, PEX plumbing, underslab plumbing, tankless water heater and so much more! Upon entry note the gorgeous hardwoods and ample amount of natural light. Gorgeous kitchen remodel with custom cabinetry, granite countertops, Shaw sink, double ovens and wine refrigerator. Opens to sizable family room with vaulted ceiling and abundance of built-ins. Amazing primary suite with bath featuring double vanities and water closet. Dual walk-in closets. Utility room with oversized sink and built-in storage throughout. Deep and lush backyard. With incredible attention to detail and thought put into every corner, this charming 3/2 is ready for move-in! Hurry to see it today!! All details per seller.

Investor Tools

$707,700

Estimated Property Value

$547,659Estimated Mortgage Balance

$160,041Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,494 /month

Positive

Cash Flow Estimate:

$1,498 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$921/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,509

$707,700

2025

$372,500

$335,200

$707,700

Tax History

Year

Tax Paid

Assessed Value

2024

$7,509

$707,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$566,250

First

Jul 24, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$547,659

$160,041

22%

77%

$3,395/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,395/mo

$-1,165/mo

3.8%

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