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$324,000

2635 Palmetto Valley Dr, Houston, TX, 77038

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.48 / 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, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size6,464 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1392680040001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 4 WESTVIEW LANDING SEC 3
Census Tract533803
Assessed Land Value$50,504
Assessed Improvement Value$269,295
Assessment Year2025

About this property

Stunning like new KB Home on premium pool-sized corner lot in highly-desired Westview Landing, w/3 beds, 2 1/2 baths & 2-car attached garage w/auto-opener & smart app. Energy-Star qualified home has been meticulously-maintained by original owners. Features include high 9' ceilings, whole-house gutters & blinds, upgraded windows & floors (tile down/carpet up), elongated commodes, built-in security system, WiFi thermostat, surround sound speakers, pest control & much more. Open-concept 1st floor includes a formal dining & spacious family room, open to the Chef's island kitchen; w/42" cabinets, tile backsplash & gas cooking. Versatile game/bonus room upstairs + 3 bedrooms, including Master Suite w/walk-in closet & en-suite bath; w/his & her sinks, soaking tub & enclosed shower. Step out back to a patio & fenced backyard to make your own. Less than 5-min walk to the park, playground & pond. Nearby premier shopping, dining & entertainment. Access to 249, Bltwy-8 & I-45 for easy commute.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$244,498Estimated Mortgage Balance
$104,586Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,354
$319,799
2025
$50,504
$269,295
$319,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,354
$319,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$244,498
Yes
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,414
$109,586
33%
68%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,016/mo
+$210/mo
8.2%

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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2635 Palmetto Valley Dr | Property Details | No Agent List