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Owner Contacts

$241,726

2935 Bassingham Dr, Houston, TX, 77339

$242,253 ARV

Off Market

3 Beds

2 Bath

1,620 Sq Ft

Single Family Residence

$116.67 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

FlooringTile, Wood

Exterior

Lot Size7,540 sqft

Building Information

Year Built1983

Stories2

Garage Spaces2

Land Information

APN1143850210003

Lot Number3

SubdivisionElm Grove Village

Land UseResidential

Legal DescriptionLT 3 BLK 21 ELM GROVE VILLAGE SEC 2

Census Tract251402

Assessed Land Value$64,701

Assessed Improvement Value$177,025

Assessment Year2025

About this property

Welcome to your new home! It’s located in the highly sought subdivision Elm Grove Village of Kingwood! If you are looking for a home with great potential that is move in ready, this is it! This is a 2 story 3 bedrooms, 21/2 bath house, it has a high ceiling in the living room with a gas log fireplace to keep you warm. All ceramic tile downstairs and wood floors upstairs with a sprinkler system in the front and backyard. Kitchen is equipped with brand new appliances and silestone countertops. The community offers multiple parks, pool, recreational center, and walking distance to miles of greenbelt trails. Close to Hwy 59 and Hwy 99, airport, and much more. Schedule your appointment today!

Investor Tools

$241,726

Estimated Property Value

$180,420Estimated Mortgage Balance

$78,857Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$242,252

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,450 /month

Positive

Cash Flow Estimate:

$483 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$300/month

$385/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,386

$241,726

2025

$64,701

$177,025

$241,726

Tax History

Year

Tax Paid

Assessed Value

2024

$2,386

$241,726

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Infinity Mortgage Holdings Llc

Conventional

$180,420

First

Apr 28, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$162,869

$78,857

32%

67%

$1,082/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,070/mo

$1,467/mo

+$603/mo

10.3%

Learn About the Market: Opportunity in Houston

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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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