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$496,000

NAL Estimated Property Value

2421 Potomac Drive C, Houston, TX, 77057

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,113 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$188.83 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard
Lot Size2,731 sqft

Building Information

Year Built1982
Stories2
Garage Spaces3

Land Information

APN0761790250006
SubdivisionWesthaven Estates
Land UseResidential
Legal DescriptionTR 71F BLK 5 2421 POTOMAC T/H U/R WESTHAVEN ESTATES SEC 1
Census Tract431302
Assessed Land Value$145,110
Assessed Improvement Value$270,390
Assessment Year2025

About this property

MOTIVATED SELLER!! Immaculate townhouse in desirable Galleria location! Recent improvements include interior & garage paint, frameless master shower glass, and fresh carpet. Great layout with tons of natural light, living room w/fireplace & plantation shutters opens to formal dining. Island kitchen has breakfast room & private patio. Extra large garage is great for storage plus unit has private driveway for 2 cars. Large secondary bedrooms + loft with wall of built-ins overlooking living rm. Great location with in minutes to Galleria, Tanglewood & Memorial.

Investor Tools

Property Icon
$496,000
Estimated Property Value
$397,217Estimated Mortgage Balance
$98,783Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,976 /month
Positive
Cash Flow Estimate:
$992 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$889/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,189
$415,500
2025
$145,110
$270,390
$415,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,189
$415,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Capital Bank Na
Purchase Money Mortgage
$400,000
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,217
$98,783
19%
80%
$2,209/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,254/mo
$-224/mo
4.9%

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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2421 Potomac Drive C | Property Details | No Agent List