1Days on Market

4view

$441,900

2607 Drew St, Houston, TX, 77004

On Market

Just Added

3 Beds

2 Bath

1,824 Sq Ft

Single Family Residence

$242.27 / sqft

Built in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Convection Oven, Trash Compactor, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile, Vinyl Plank

Exterior

Lot Size2,500 sqft

Building Information

Year Built2024

Garage Spaces1

Land Information

APN1367950020006

Lot Number6

Land UseResidential

Legal DescriptionLT 6 BLK 1 PARK AT LIVE OAK R/P AND EXTN

Census Tract312300

Assessed Land Value$77,880

Assessed Improvement Value$313,920

Assessment Year2025

About this property

Welcome to Drew & Live Oak 7 single-family homes in a small private community with no HOA and private driveways. This property offers a contemporary modern design with high end features including: Luxury vinyl floor, upgraded quartz countertop island, stainless steel appliances, shaker cabinets, modern glass backsplash in elegant patterned design, spacious 2nd-floor living area, open concept floor-plan, and much more! Enjoy the convenient location that offers quick access to many downtown attractions and walking distance to Emancipation Park. Take action and grab this home before it's gone. Schedule a showing today.

Investor Tools

$399,802Estimated Mortgage Balance

$30,198Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,651 /month

Positive

Cash Flow Estimate:

$884 /month

Interested in this property?

Adewale Lawal

LPT Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$245/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$785

$391,800

2025

$77,880

$313,920

$391,800

Tax History

Year

Tax Paid

Assessed Value

2024

$785

$391,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nexa Mortgage Llc

Fha

$413,374

Yes

First

Oct 7, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$399,802

$30,198

93%

$2,479/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,479/mo

$-757/mo

4.8%

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.

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