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$435,000

2603 Palo Pinto Drive, Houston, TX, 77080

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.81 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,368 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0992170000050
Lot Number50
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 50 BLK 6 SPRING SHADOWS SEC 4
Census Tract522102
Assessed Land Value$205,838
Assessed Improvement Value$166,446
Assessment Year2025

About this property

Beautiful 4-bedroom, 2-bath home in the desirable Spring Shadows community. Designed for comfortable living and entertaining, this one-story residence features a light-filled vaulted sunroom with expansive windows and French doors overlooking the backyard. The spacious layout offers tile and vinyl plank flooring, generous living areas, and a kitchen with granite countertops, abundant cabinetry, and seamless flow to the dining and gathering spaces. The private primary retreat features dual vanities, granite counters, and an oversized walk-in shower. Spacious secondary bedrooms provide flexibility for guests, family, or a home office. Step outside to a large backyard shaded by mature trees, complete with a hot tub, storage shed, and plenty of room to relax or play. Additional highlights include an indoor utility room, ample storage, and a 2-car attached garage. Conveniently located near Beltway 8, CityCentre, Memorial City, shopping, dining, and major commuter routes.

Investor Tools

$78,109Estimated Mortgage Balance
$352,891Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Christopher Boyles

Realty Of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,264
$372,284
2025
$205,838
$166,446
$372,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,264
$372,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Argent Mortgage Company Llc
Stand Alone First / Home Equity First Lien
$132,000
No
First
Jun 22, 2005
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,109
$352,891
81%
18%
$1,055/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,430/mo
+$796/mo
6.2%

Learn About the Market: Opportunity in Houston

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Explore

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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2603 Palo Pinto Drive | Property Details | No Agent List