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$1,058,579

NAL Estimated Property Value

2702 Droxford Dr, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,017 Sq Ft
price_per_sqft$382.5 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Dishwasher, Oven
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size7,518 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN0872320000105
Lot Number105
SubdivisionHolly Park
Land UseResidential
Legal DescriptionLT 105 BLK 6 HOLLY PARK
Census Tract511001
Assessed Land Value$367,900
Assessed Improvement Value$690,679
Assessment Year2025

About this property

This home is ready for you to come add your touches or tear down and build your dream home. Owner selling for lot value. Owner purchased the back 40' from the city years ago thus making the lot bigger. There is no survey, so a new one will need to be purchased. Home could be taken down to studs and added on or torn down and rebuild! Great area with lots of remodeling and/or tearing down going on in the neighborhood. Property has front and back frontage on 2 streets. Great location with easy access to major freeways! Enjoy living inside the loop with all the amenities the area has to offer!

Investor Tools

Property Icon
$1,058,579
Estimated Property Value
$664,864Estimated Mortgage Balance
$393,715Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,351 /month
Positive
Cash Flow Estimate:
$2,117 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,285
$1,058,579
2025
$367,900
$690,679
$1,058,579
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,285
$1,058,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wolfe Financial Inc
Conventional
$706,000
No
First
Mar 29, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$664,864
$393,715
37%
63%
$4,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,233/mo
$-1,353/mo
3.3%

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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2702 Droxford Dr | Property Details | No Agent List