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$321,611

NAL Estimated Property Value

2662 Sailboat Dr, Houston, TX, 77058

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Wood

Exterior

Exterior FeaturesTennis Court(s), Boat Slip
Lot Size3,001 sqft

Building Information

Year Built1983
Stories2
Garage Spaces1

Land Information

APN1077710040006
Lot Number6
SubdivisionBal Harbour Cove R/P
Land UseResidential
Legal DescriptionLT 6 BLK 4 BAL HARBOUR COVE R/P
Census Tract341204
Assessed Land Value$120,000
Assessed Improvement Value$201,611
Assessment Year2025

About this property

Absolutely stunning, completely renovated waterfront home with private dock and boat slip. Inside, the home features a bright, open-concept layout with walls of windows that flood the space with natural light and frame the tranquil waterfront scenery. The chef’s kitchen is beautifully appointed with a large center island, granite countertops, upgraded cabinetry, stainless steel appliances, and durable wood-look tile flooring that flows seamlessly throughout the main living areas. Bathrooms have been fully renovated with custom tilework, modern vanities, sleek fixtures, and a spa-like walk-in shower, delivering both style and function. Outdoors, the property truly shines with its private dock, boat slip, wide waterfront decking, and manicured lawn that leads directly to the water’s edge. With its complete renovation, open floor plan, luxury finishes, and unbeatable waterfront setting, this home is a rare gem and completely move-in ready.

Investor Tools

Property Icon
$321,611
Estimated Property Value
$162,886Estimated Mortgage Balance
$158,725Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,930 /month
Positive
Cash Flow Estimate:
$643 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,815
$321,611
2025
$120,000
$201,611
$321,611
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,815
$321,611

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$182,600
No
First
Oct 31, 2020
Nov 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,886
$158,725
49%
51%
$1,095/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$1,095/mo
+$845/mo
7.2%

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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2662 Sailboat Dr | Property Details | No Agent List