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Owner Contacts

$519,000

NAL Estimated Property Value

2907 Ashwood St, Houston, TX, 77025

Off Market

3 Beds

2 Bath

1,665 Sq Ft

$315.26 / sqft

Built in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringStone, Tile, Wood

Exterior

Lot Size7,667 sqft

Building Information

Year Built1948

Stories1

Garage Spaces2

Land Information

APN0780240060003

Lot Number3

SubdivisionKnollwood Village

Land UseResidential

Legal DescriptionLT 3 BLK 30 KNOLLWOOD VILLAGE SEC 2

Census Tract413301

Assessed Land Value$318,308

Assessed Improvement Value$186,692

Assessment Year2025

About this property

Wonderful well maintained ranch style home in coveted Knollwood. NEVER FLOODED! Recent updates include: brand new duct work (2017), gutters installed (2017), sprinklers installed (2020), mosquito misting system (2019), re-stained and refinished wood floors, new interior doors, new kitchen backsplash & hardware, repainted interior, plus updated windows and plumbing throughout most of property. Open floor plan with living and dining, great for entertaining! Dreamy kitchen w/ stainless appliances & granite counters. Light & bright breakfast nook. Nicely sized primary bedroom w/ ensuite bath. Two secondary beds w/ guest bath. Spacious backyard w/ large greenspace & expansive deck; plenty of room for outdoor entertaining! Gorgeous mature live oak tree is the highlight of this fabulous outdoor retreat. Double wide driveway. Convenient location to Downtown, Galleria, Medical Center, Museum District, Rice Village. A must see! Wont last long!

Investor Tools

$519,000

Estimated Property Value

$377,719Estimated Mortgage Balance

$141,281Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,149 /month

Positive

Cash Flow Estimate:

$1,050 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$540/month

$290/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,883

$505,000

2025

$318,308

$186,692

$505,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,883

$505,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$416,000

First

Jul 30, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$377,719

$129,281

25%

73%

$2,495/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,785/mo

$-745/mo

4.7%

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