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$5,962,000

2920 Del Monte Dr, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths6,374 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$862.88 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Gas Oven, Trash Compactor, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size24,302 sqft

Building Information

Year Built1939
Garage Spaces4

Land Information

APN0601520320011
Lot Number11
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 11 BLK 32 RIVER OAKS SEC 1
Census Tract411200
Assessed Land Value$4,495,500
Assessed Improvement Value$704,500
Assessment Year2025

About this property

This fine brick home was designed by the well-known architect, Hiram Salisbury. The house was subsequently enlarged with the addition of a family room and primary bedroom suite above. The family room has tasteful and more recently added floor to ceiling steel doors overlooking the pool, spa, terrace and landscaped grounds. A beautiful and wooded 24,300 sq. ft. lot. Upstairs to the 1,200 sq. ft. primary suite and 3 additional bedrooms. Third floor game room. Island kitchen and large two room studio/guest house/quarters over the garage and carport. Home generator. A classic River Oaks address. Make it yours!

Investor Tools

Property Icon
$5,962,000
Estimated Property Value
$3,000,000Estimated Mortgage Balance
$3,040,046Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,772 /month
Positive
Cash Flow Estimate:
$11,924 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$12,500/month
$3,266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$120,193
$5,200,000
2025
$4,495,500
$704,500
$5,200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$120,193
$5,200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Self Reliance Ny Fcu
Purchase Money Mortgage
$3,000,000
No
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,921,954
$2,344,046
44%
49%
$17,223/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$20,489/mo
$-17,149/mo
0.7%

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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2920 Del Monte Dr | Property Details | No Agent List