NoAgentList RatingHow are grades calculated?

294Days on Market

1view

$699,999

310 Walthall Dr, Houston, TX, 77022

On Market

2 Beds

1 Bath

714 Sq Ft

Single Family Residence

$455.18 / sqft

Built in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

Exterior

Lot Size21,780 sqft

Building Information

Year Built1945

Stories1

Garage Spaces1

Land Information

APN0650980000032

Lot Number32

SubdivisionPecan Gardens

Land UseResidential

Legal DescriptionLT 32 PECAN GARDENS

Census Tract530502

Assessed Land Value$289,780

Assessed Improvement Value$33,024

Assessment Year2025

About this property

Shovel-Ready Residential Development – 10 Approved Lots | Walthall Dr, Houston, TX 77022. Plans and Permits convey with sale. Exceptional shovel-ready opportunity in Independence Heights, one of Houston’s fastest-growing neighborhoods. This 21,778 SF site is replatted into 10 lots, fully approved by the City of Houston. All groundwork—civil plans, geotechnical studies, sitework approval—and architectural plans for ~1,640 SF homes are complete, allowing immediate construction. Highlights: 10 replatted lots, utilities accessible, civil engineering approved, and other new development already underway on Walthall Drive. Prime location with strong buyer demand and excellent connectivity to central Houston. A turnkey project for builders or investors ready to build in a high-demand market.

Investor Tools

$188,598Estimated Mortgage Balance

$134,206Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,200 /month

Positive

Cash Flow Estimate:

$1,400 /month

Interested in this property?

Eufracio Molina

eXp Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$403/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,228

$322,804

2025

$289,780

$33,024

$322,804

Tax History

Year

Tax Paid

Assessed Value

2024

$3,228

$322,804

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of The Ozarks

Unknown

$195,000

First

Jul 23, 2024

Jul 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$188,598

$134,206

41%

58%

$1,170/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,170/mo

+$137/mo

4.9%

Learn About the Market: Opportunity in Houston

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 This Area