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$247,992

NAL Estimated Property Value

2827 Parkwood Manor Dr, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
price_per_sqft$113.13 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size7,440 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1143850210063
Lot Number63
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 63 BLK 21 ELM GROVE VILLAGE SEC 2
Census Tract251402
Assessed Land Value$64,611
Assessed Improvement Value$183,381
Assessment Year2025

About this property

This move-in ready home has been thoughtfully updated with a new roof (2022), new HVAC, and new flooring, giving you peace of mind from day one! Step inside to a bright, carpet-free living room with high ceilings and a gorgeous white brick fireplace. The kitchen is a dream with pristine white upper cabinets, modern dual-tone lowers, quartz countertops, subway tile backsplash, farmhouse sink, stainless steel appliances, breakfast bar, and a sunny breakfast nook—perfect for morning coffee or casual meals. The primary suite feels like a retreat with double sinks, a jetted tub/shower, and two closets. Designed with versatility in mind, this home features a dedicated office, additional flex room, and a converted garage for extra space. Large windows invite natural light throughout, creating a warm, open atmosphere. Outside, enjoy a fully fenced backyard with a cozy patio—ideal for relaxing evenings or entertaining. Don't miss the opportunity to make this home yours!

Investor Tools

Property Icon
$247,992
Estimated Property Value
$175,791Estimated Mortgage Balance
$72,201Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,371
$247,992
2025
$64,611
$183,381
$247,992
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,371
$247,992

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$177,600
No
First
Oct 24, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,791
$72,201
29%
71%
$1,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,479/mo
+$591/mo
10.0%

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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