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

$475,000

NAL Estimated Property Value

315 W Drew Street, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,138 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.8 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size1,542 sqft

Building Information

Year Built1999
Stories3
Garage Spaces1

Land Information

APN0140530000036
SubdivisionFairview
Land UseResidential
Legal DescriptionTR 8C BLK 1 FAIRVIEW
Census Tract410502
Assessed Land Value$138,780
Assessed Improvement Value$281,209
Assessment Year2025

About this property

Exceptional Perry built townhome in the heart of Montrose, offering QUIET refined city living in one of Houston’s most vibrant neighborhoods/never flooded (seller). Ideally located just steps from the acclaimed dining, shopping, & nightlife.The rare, open second-floor living area is filled with natural light from a dramatic wall of windows, showcasing rich hardwood floors, soaring ceilings, and a gas fireplace—an ideal space for both relaxing and entertaining. The chef’s kitchen features beautiful Corian countertops, fresh appliances, a five-burner gas cooktop, breakfast bar, storage. The luxurious primary suite features treetop views, a spa-inspired bath with soaking tub, separate shower, double vanities, & oversized walk-in closet, completing this sophisticated Montrose retreat. Major recent improvements include roof replacement, HVAC system, foundation stabilization, plumbing main drain replacement, and numerous additional updates—providing peace of mind for years to come.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$355,000Estimated Mortgage Balance
$120,000Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,909 /month
Positive
Cash Flow Estimate:
$970 /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
$676/month
$1,360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,734
$419,989
2025
$138,780
$281,209
$419,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,734
$419,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schlumberger Employees Cu
Conventional
$355,000
No
First
May 1, 2026
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,000
$120,000
25%
75%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,360/mo
+$1,220/mo
6.5%

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...

315 W Drew Street | Property Details | No Agent List