Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$2,355,252

NAL Estimated Property Value

3051 Reba Dr, Houston, TX, 77019

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,804 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$818.47 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size10,502 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0641720020013
SubdivisionAvalon Place
Land UseResidential
Legal DescriptionTRS 13 & 14A BLK C AVALON PLACE SEC 2
Census Tract411400
Assessed Land Value$1,371,750
Assessed Improvement Value$983,502
Assessment Year2025

About this property

Tucked in the shade of an extraordinary live oak, this classic home boasts floor-to-ceiling windows, original hardwoods, light-filled living spaces, and tastefully updated kitchen & baths. The discerning eye will appreciate the meticulous preservation of historical context and lasting construction of this timeless centenarian home. Lovely formals, wood burning fireplace, bright family room with built-ins. Spacious Primary Suite with updated bath, large closet and a generous sized balcony. Secondary bedrooms have wide sunny windows and refinished hardwoods. Large backyard, ideal for entertaining and recreation. Built in 2000, the oversized garage and spacious quarters above add 700SF of guest/office space big enough for two full beds and full bath, kitchenette, and enormous storage closet. Tasteful boxwood and azalea landscaping, automatic gate, mossy red brick paths. Walk and bike to schools and restaurants. Hold team practice and birthday parties down the street at Reba park.

Investor Tools

Property Icon
$2,355,252
Estimated Property Value
$1,189,051Estimated Mortgage Balance
$1,166,201Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,132 /month
Positive
Cash Flow Estimate:
$4,711 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,974/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,912
$2,355,252
2025
$1,371,750
$983,502
$2,355,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,912
$2,355,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Bank Usa
Conventional
$1,250,000
No
First
Jan 20, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,189,051
$1,166,201
49%
50%
$7,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$8,370/mo
$-5,790/mo
1.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3051 Reba Dr | Property Details | No Agent List