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Owner Contacts

$2,096,000

NAL Estimated Property Value

2707 Barbara Ln, Houston, TX, 77005

Off Market

4 Beds

4 Bath

4,060 Sq Ft

$466.75 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Wine Refrigerator, Electric Oven, Electric Range, Dishwasher, Dryer, Refrigerator, Washer, Cooktop

FlooringCarpet, Tile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built1993

Stories2

Garage Spaces3

Land Information

APN0601190090008

SubdivisionPemberton

Land UseResidential

Legal DescriptionTRS 8 & 9A BLK 7 PEMBERTON

Census Tract412300

Assessed Land Value$990,000

Assessed Improvement Value$1,073,893

Assessment Year2025

About this property

Welcome to 2707 Barbara Lane! If you have been looking for a home in West University in a premium location with a garage apartment then you've found your new home. Located in the coveted Pemberton section, this stunning brick built home is walkable to Rice Village yet is tucked nicely back into the community. The floorplan lends itself to wonderful natural light with formal living and dining at the front of the home and a kitchen and spacious breakfast room enjoying afternoon sunshine. Private study. The family room has serene views out over the back porch and landscaped yard. Four beds are on the second floor with the garage apartment making 5 beds in total. With its own kitchenette, the apartment is ideal for guests. With beautiful refinished oak hardwood flooring, new kitchen countertops/backsplash and new paint throughout, this gorgeous residence is ready for her new owner. Per seller

Investor Tools

$2,096,000

Estimated Property Value

$492,687Estimated Mortgage Balance

$1,603,313Estimated Equity

76% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,576 /month

Positive

Cash Flow Estimate:

$4,192 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,345/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$29,664

$2,063,893

2025

$990,000

$1,073,893

$2,063,893

Tax History

Year

Tax Paid

Assessed Value

2024

$29,664

$2,063,893

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$500,000

First

Jul 23, 2025

Aug 2040

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$492,687

$1,589,313

76%

24%

$2,998/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,998/mo

+$342/mo

1.9%

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