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$332,788

3123 Broadmead Dr, Houston, TX, 77025

SoldInfo
6/29/26
Beds2 Beds
Baths2 Bath
Baths1,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.58 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,668 sqft

Building Information

Year Built1954
Stories1
Garage Spaces2

Land Information

APN0780240400017
Lot Number17
SubdivisionKnollwood Village
Land UseResidential
Legal DescriptionLT 17 BLK 19 KNOLLWOOD VILLAGE SEC 7
Census Tract413301
Assessed Land Value$305,924
Assessed Improvement Value$26,864
Assessment Year2025

About this property

Opportunity awaits at 3123 Broadmead! This spacious layout offers a functional floor plan, generously sized rooms, and a prime location with convenient access to shopping, dining, and major thoroughfares. Foundation repairs have already been completed with permits and a transferable warranty, providing added peace of mind. The large backyard offers plenty of room for outdoor living, entertaining, or future enhancements. Bring your personal style and vision to transform this property into your dream home while adding value along the way. Your will Enjoy a prime location with quick access to the 610 Loop, Texas Medical Center, Galleria, NRG Stadium, Rice Village, and Meyerland's popular shopping and dining destinations. Outdoor enthusiasts will appreciate being just minutes from the Brays Bayou Greenway Trail, offering miles of scenic walking, running, and biking paths. Don't miss this excellent opportunity with endless potential!

Investor Tools

Property Icon
$332,788
Estimated Property Value
$200,000Estimated Mortgage Balance
$216,389Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,723
$332,788
2025
$305,924
$26,864
$332,788
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,723
$332,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Vault Mortgage Co
Purchase Money Mortgage
$200,000
No
First
May 31, 2007
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,399
$216,389
65%
35%
$1,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,380/mo
+$170/mo
5.6%

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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3123 Broadmead Dr | Property Details | No Agent List