B+

NoAgentList RatingHow are grades calculated?

124Days on Market

1view

$540,000

2427 Willowby Dr, Houston, TX, 77008

On Market

4 Beds

3 Bath

1,713 Sq Ft

Single Family Residence

$315.24 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,479 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0921720000023

Lot Number23

SubdivisionTimbergrove Manor

Land UseResidential

Legal DescriptionLT 23 BLK 1 TIMBERGROVE MANOR SEC 13

Census Tract511001

Assessed Land Value$330,300

Assessed Improvement Value$193,376

Assessment Year2025

About this property

WOW! What this home has to offer is exceptional! Centrally located inside the Loop 610, the ranch style home is storm resistant and move in ready! All appliances are staying including a full house GENERAC generator (2023), Washer/Dryer (2020). Arrowline Metal 50 year roof (2007), new electric service panel w/automatic transfer switch (2023) & AC/Heat (2 years old). Kitchen & hall bath remodel (2012). Sewer lines replaced (2015), French drain (2000) & yard irrigation system (2008). Also installed is Level 2 EV charging station in the garage! The home also features an alarm system that include 3 cameras w/doors & windows armed (2024). You will love the spaciousness of this home, the architectural design of the kitchen & hall bath. Pella windows through out w/Anderson French doors leading to backyard. Vibrant bars/restaurants within walking distance (1 mile). Memorial Park, Upper Kirby, Montrose, Downtown & Greater Uptown districts just a few minutes drive away! Great Neighborhood!

Investor Tools

$0Estimated Mortgage Balance

$609,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,654 /month

Positive

Cash Flow Estimate:

$1,218 /month

Interested in this property?

Deborah Kotzur

RE/MAX Signature

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$880/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,518

$523,676

2025

$330,300

$193,376

$523,676

Tax History

Year

Tax Paid

Assessed Value

2024

$7,518

$523,676

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Countrywide Home Loans Inc

Stand Alone Second / Subordinate Position

$11,400

First

N/A

Dec 2017

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$609,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

N/A

+$2,880/mo

5.7%

Learn About the Market: Opportunity in Houston

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