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$2,400,000

NAL Estimated Property Value

245 Chimney Rock Road, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths4,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.19 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer
FlooringBamboo, Carpet, Concrete, Marble, Slate, Terrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size34,399 sqft

Building Information

Year Built1964
Stories2
Garage Spaces2

Land Information

APN0823820000011
Lot Number11
SubdivisionHuntleigh
Land UseResidential
Legal DescriptionLT 11 BLK 1 HUNTLEIGH
Census Tract430200
Assessed Land Value$661,661
Assessed Improvement Value$1,596,804
Assessment Year2025

About this property

Gorgeous sophisticated Mid-Century Modern estate property with rare Bayou view. With a preservation mindset, the owners kept much of the original materials to capture the vintage aesthetic and stay true to the Modernist movement. Clean lines, colorful, mod, and curvy. Floor-to-ceiling tempered glass windows allow plenty of ambient natural light precluding any need for an artificial source, giving beautiful hues and rich color throughout the home during the day or at night. Three large outdoor spaces allow for tons of entertaining in the large grass-covered yard, pool house a festive retro-designed art wall with blue uplighting, private bayou view wooded walkway to tree-covered wood "party" deck. Artfully kept kitchen has many modern conveniences with built-in stainless steel Thermador refrigerator/freezer towers, Bosch dishwasher, Dacor convection microwave oven in an appliance garage, best-in-class 6 burner gas range. 1st fl primary suite and 2nd fl owners retreat (see pictures)

Investor Tools

Property Icon
$2,400,000
Estimated Property Value
$1,571,799Estimated Mortgage Balance
$828,201Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,400 /month
Positive
Cash Flow Estimate:
$4,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,065/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,777
$2,258,465
2025
$661,661
$1,596,804
$2,258,465
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,777
$2,258,465

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$1,160,000
No
First
Mar 24, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,571,799
$828,201
34%
65%
$10,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$11,495/mo
$-8,245/mo
1.6%

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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245 Chimney Rock Road | Property Details | No Agent List