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Owner Contacts

$490,614

2845 Sherwin St, Houston, TX, 77007

Off Market

3 Beds

3 Bath

2,479 Sq Ft

Single Family Residence

$181.52 / sqft

Built in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size2,056 sqft

Building Information

Year Built2007

Garage Spaces1

Land Information

APN1280600010046

Lot Number46

SubdivisionCottage Grove

Land UseResidential

Legal DescriptionLT 46 BLK 1 COTTAGE GROVE SEC 6

Census Tract510901

Assessed Land Value$144,060

Assessed Improvement Value$346,554

Assessment Year2025

About this property

Welcome to this stunning, meticulously maintained home in a gated community, complete with a spacious yard! This home is filled with natural light and features a first floor with travertine tiles, two bedrooms, & an en-suite bathroom. The grand two-story living room boasts large windows w/ plantation shutters, a cozy fireplace. The newly updated kitchen offers quartz countertops & backsplash & stainless-steel appliances. Breakfast room opens to a charming balcony with stormproof French doors—perfect for enjoying your morning coffee w/ scenic views of trees and trails! The luxurious master suite includes a private sitting area ideal for an office or nursery, a master bath w/ an updated frameless shower, a whirlpool tub, double vanity, and a huge walk-in closet. Additional highlights include 8’ doors throughout, Wood floors in the main areas, recent Exterior paint, a NEW ROOF (2022), and new bedrooms carpet. Close to I-10 & Memorial Park! Maintenance fee includes water & trash.

Investor Tools

$490,614

Estimated Property Value

$551,920Estimated Mortgage Balance

$0Estimated Equity

-12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,944 /month

Positive

Cash Flow Estimate:

$981 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$712/month

$2,000/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,093

$490,614

2025

$144,060

$346,554

$490,614

Tax History

Year

Tax Paid

Assessed Value

2024

$6,093

$490,614

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$490,614

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,000/mo

+$580/mo

6.3%

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.

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