64Days on Market

1view

$205,000

2946 Dragonwick Drive, Houston, TX, 77045

On Market

4 Beds

2 Bath

1,845 Sq Ft

Single Family Residence

$111.11 / sqft

Built in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Exterior

Lot Size8,242 sqft

Building Information

Year Built1960

Stories1

Garage Spaces2

Land Information

APN0836420000573

Lot Number573

SubdivisionAlmeda Plaza

Land UseResidential

Legal DescriptionLT 573 BLK 24 ALMEDA PLAZA SEC 2

Census Tract330102

Assessed Land Value$61,090

Assessed Improvement Value$140,046

Assessment Year2025

About this property

The home is tenant occupied and perfect for an investor looking for tenant-occupied properties. This well-maintained home offers a functional layout with comfortable living spaces, making it a great option for both homeowners and investors. Located in a growing area of Southwest Houston, the property provides convenient access to major highways including 288, Beltway 8, and Loop 610, allowing for an easy commute to Downtown Houston, the Texas Medical Center, and NRG Stadium. The home is also near shopping, dining, and everyday amenities. With ongoing development and revitalization in the surrounding area, this property presents a strong opportunity for both comfortable living and long-term investment potential. Tenant occupied—please do not disturb the tenant. Lease in place through 02/28/2027.

Investor Tools

$0Estimated Mortgage Balance

$203,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,230 /month

Positive

Cash Flow Estimate:

$410 /month

Interested in this property?

Brook Wilson

FYI Realty - Katy

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$162/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$929

$201,136

2025

$61,090

$140,046

$201,136

Tax History

Year

Tax Paid

Assessed Value

2024

$929

$201,136

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$203,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

10.2%

Learn About the Market: Opportunity in Houston

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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.

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