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$229,751

NAL Estimated Property Value

2607 Cherry Point Dr, Houston, TX, 77038

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.49 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,581 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1399630030005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 3 WESTVIEW LANDING SEC 4
Census Tract533803
Assessed Land Value$52,601
Assessed Improvement Value$177,150
Assessment Year2025

About this property

Recently built 3 bedroom 2 bathroom with a study or game room your choice! Principal bedroom to the rear of home with double sink bathroom to enjoy your privacy! ready to call home! Extended custom concreted patio perfect for your family gatherings with an oversized rear backyard! Wont' last!

Investor Tools

Property Icon
$229,751
Estimated Property Value
$204,519Estimated Mortgage Balance
$25,232Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$229,751
2025
$52,601
$177,150
$229,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$229,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$217,550
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,519
$30,481
12%
89%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,855/mo
$-133/mo
9.0%

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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2607 Cherry Point Dr | Property Details | No Agent List