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$270,000

NAL Estimated Property Value

2915 Parkwood Manor Dr, Houston, TX, 77339

$288,268 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,109 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.84 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,558 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1143850210059
Lot Number59
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 59 BLK 21 ELM GROVE VILLAGE SEC 2
Census Tract251402
Assessed Land Value$64,719
Assessed Improvement Value$195,866
Assessment Year2025

About this property

It’s game night and your friends and family are over. As you step into your game room, you feel alive and see the vision. You can imagine your yard with all your friends and family, a playground, a fire-pit and more one day soon. As the kids play, you step inside and sit in your living room to savor a glass of red wine together. You play your favorite board game, your favorite song is on and the aroma of home-cooked food fills the air as you slowly look around and see the paradise that your new home creates. Your friends congratulate you and are intrigued to find how you did it and ask for the name of your Realtor. You feel proud, you found it, you knew it was out there, you’ve worked hard for this moment, you deserve it. Welcome home.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$176,415Estimated Mortgage Balance
$93,585Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$288,267
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,172
$260,585
2025
$64,719
$195,866
$260,585
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,172
$260,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$190,000
Yes
First
Jul 6, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,415
$94,585
34%
65%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,640/mo
+$430/mo
9.2%

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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2915 Parkwood Manor Dr | Property Details | No Agent List