Last 24 Hours
$209,900
2407 Nelwood Dr, Houston, TX, 77038
On Market
3 Beds
2 Bath
1,614 Sq Ft
$130.05 / sqft
Built in 1978Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,457 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1079480000014
Lot Number14
SubdivisionWoodgate
Land UseResidential
Legal DescriptionLT 14 BLK 15 WOODGATE SEC 2
Census Tract533802
Assessed Land Value$36,129
Assessed Improvement Value$203,332
Assessment Year2025
About this property
DYNAMITE 3 bedroom large home possibly THE BEST DEAL in the area...Completely remodeled throughout inside and out...Large living room makes the home look huge for the square footage...Super nice backyard with large back patio perfect for entertaining...PICTURES TELL THE STORY ON THIS HOME...Hurry at this price it will not last!
Investor Tools
$133,501Estimated Mortgage Balance
$105,960Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,437 /month
Positive
Cash Flow Estimate:
$479 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,793
$239,461
2025
$36,129
$203,332
$239,461
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,793
$239,461
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Choice Home Loans Lp
Fha
$159,065
Yes
First
Aug 24, 2018
Sep 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,501
$105,960
44%
56%
$954/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$954/mo
+$768/mo
8.6%
12.4%