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$850,000

NAL Estimated Property Value

2507 Lazybrook Dr, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,287 Sq Ft
price_per_sqft$388.28 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

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
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTerrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,283 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN0923100000013
Lot Number13
SubdivisionLazybrook
Land UseResidential
Legal DescriptionLT 13 BLK 2 LAZYBROOK SEC 9
Census Tract511001
Assessed Land Value$412,000
Assessed Improvement Value$414,628
Assessment Year2025

About this property

Mid-Century Modern spectacularly renovated with impeccable attention to detail. Ideally situated on a spacious lot with a sparkling pool, grassy lawn, fire-pit, gas grill, native landscaping and self-watering garden. 2022 renovations: Chef’s delight kitchen with Kucht range, waterfall countertops, & Ann Sacks tile. Entertainer’s delight with 2 living spaces, central dining area, cathedral ceiling, 2 sets of sliders with picturesque pool & side yard views plus a wet bar and space for 2nd beverage refrigerator. ½ bath added to laundry room for pool access. Primary suite 2022 renovation: smart mirror, oversized shower, double sink vanity, fabulous MCM tile and French doors. Hall bath renovated with MCM tile & vanity. Tankless water heater, gutters and under the slab plumbing! Zoned to popular Sinclair Elementary. The vibe plus proximity to hike & bike trails, trendy eateries and hip entertainment spots epitomizes the vibrant Lazybrook inner loop neighborhood! Escape to your private oasis.

Investor Tools

Property Icon
$850,000
Estimated Property Value
$650,257Estimated Mortgage Balance
$199,743Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,328 /month
Positive
Cash Flow Estimate:
$1,776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,314/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,524
$826,628
2025
$412,000
$414,628
$826,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,524
$826,628

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$666,000
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,257
$181,743
21%
77%
$3,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,054/mo
$-1,824/mo
3.1%

City: Houston

2507 Lazybrook Dr | Property Details | No Agent List