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$887,000

2932 Michaux Street, Houston, TX, 77009

$900,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$360 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size2,039 sqft

Building Information

Year Built2025
Garage Spaces2

Land Information

APN1402070010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 BOCAGE HEIGHTS
Census Tract510302
Assessed Land Value$203,700
Assessment Year2025

About this property

Welcome to Woodlands Landing built by TOMO Homes. This elegant 11-unit residential community offers 3 story, 2,500 sq ft of refined living space. There are 3 bedrooms and 3 ½ bathrooms, including a secondary ensuite bedroom tucked away on the first floor. On the top floor the primary bedroom and third bedroom await, with the primary boasting his and her walk-in closets, a separate shower and a luxurious soaking tub. Homes are elevator ready. There's a dedicated study, a covered patio off the second floor living area and 12 ft ceilings that make every room feel grand. The heart of the home features a modern and spacious kitchen with elegant quartz countertops, Bosch appliances and custom cabinetry, blending style and function beautifully. Oversized garage fits full size truck and lots of curbside parking. Located in the Woodland Heights, minutes from Travis Elementary and within walking distance of hike/bike trails, parks, restaurants and retail.

Investor Tools

Property Icon
$887,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,707Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$900,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,049
$203,700
2025
$203,700
N/A
$203,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,049
$203,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$540,000
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$535,293
$351,707
39%
60%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,238/mo
$-1,516/mo
2.3%

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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2932 Michaux Street | Property Details | No Agent List