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$2,325,000

NAL Estimated Property Value

307 E Cowan Dr, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,878 Sq Ft
price_per_sqft$683.34 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,901 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN0680230060020
Lot Number20
SubdivisionCrestwood
Land UseResidential
Legal DescriptionLT 20 BLK 6 CRESTWOOD
Census Tract510802
Assessed Land Value$1,386,000
Assessed Improvement Value$939,000
Assessment Year2025

About this property

Nestled steps away from Memorial Park, this stunning villa seamlessly marries classic Spanish charm w/contemporary allure. Expertly renovated with bespoke touches including hardwoods & curated designer accents, this residence invites you into a realm of refined luxury. Open concept living areas include the chef's dual island kitchen w/Miele appliances, open to dining+family room w/linear gas fireplace. Lined w/arched French doors, ground floor spaces all open to the huge covered loggia which runs the full length of the home. Upstairs, the primary suite is newly renovated along with the brand new zen bath. Additional highlights include automation, repainted interiors/exteriors, new powder bath & meticulous maintenance/upkeep. Enjoy indoor/outdoor living year-round w/heated pool/spa, extensive outdoor living spaces & the shade of the central century oak tree. Blending old-world elegance & modern aesthetics, this home is a secluded sanctuary in the heart of Houston's most popular enclave.

Investor Tools

Property Icon
$2,325,000
Estimated Property Value
$1,916,572Estimated Mortgage Balance
$408,428Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,900 /month
Positive
Cash Flow Estimate:
$5,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,285
$2,325,000
2025
$1,386,000
$939,000
$2,325,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,285
$2,325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,955,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,916,572
$408,428
17%
82%
$12,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$12,837/mo
$-10,257/mo
1.3%

City: Houston

307 E Cowan Dr | Property Details | No Agent List