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$7,358,000

NAL Estimated Property Value

3023 Del Monte Dr, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths7,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,023.51 / sqft
Year BuiltBuilt in 1934

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Wine Refrigerator, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringBrick, Marble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size26,776 sqft

Building Information

Year Built1934
Garage Spaces3

Land Information

APN0601520310001
Lot Number1
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionLT 1 BLK 31 RIVER OAKS SEC 1
Census Tract411200
Assessed Land Value$4,458,038
Assessed Improvement Value$998,756
Assessment Year2025

About this property

This stunning French Colonial estate, designed by famed architect Birdsall P. Briscoe, is inspired by New Orleans' iconic Le Carpentier-Beauregard house. Set on over half an acre, it blends historic charm with modern luxury. Formal rooms flow gracefully, complemented by a paneled library with brass bar and 360-bottle wine cellar. The gourmet kitchen offers a sunny breakfast nook, which opens on a light-filled sunroom with custom steel doors that overlooks the north lawn, pool, and manicured gardens. Upstairs, you'll find the primary suite with a fireplace and elegant bath, three guest suites, and a versatile family room. Other bonus features include soaring ceilings, elevator, two staircases, home generator, basement storage, and gated motor court leading to a two-car garage. A private guest house offers a downstairs lounge, upstairs suite, and almost 1000 sq ft. A rare opportunity to own a masterfully restored architectural gem in one of Houston’s most prestigious neighborhoods.

Investor Tools

Property Icon
$7,358,000
Estimated Property Value
$7,601,899Estimated Mortgage Balance
$107,101Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$46,500 /month
Positive
Cash Flow Estimate:
$15,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$9,955/month
$3,490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$82,671
$5,456,794
2025
$4,458,038
$998,756
$5,456,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$82,671
$5,456,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cibc Delaware Trust Co
Purchase Money Mortgage
$7,750,000
No
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,601,899
$107,101
1%
103%
$46,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$49,956/mo
$-46,616/mo
0.5%

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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3023 Del Monte Dr | Property Details | No Agent List