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$300,000

3308 Masters Point Dr, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,056 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.89 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Lot Size1,403 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1298340010038
Lot Number38
SubdivisionDominion Estates
Land UseResidential
Legal DescriptionLT 38 BLK 1 DOMINION ESTATES SEC 3
Census Tract531700
Assessed Land Value$70,150
Assessed Improvement Value$214,588
Assessment Year2025

About this property

Welcome Home to this immaculate, well-maintained & move-in ready 3-story townhome in the gated community of Dominion Estates. This 3 bed, 3.5 bath home features a gorgeous exterior, high ceilings, neutral paint, 2" blinds, open-concept living areas, ample windows with lots of natural light, a 2-car garage, back patio with flagstone & new fence. The kitchen includes SS appliances, granite counters, 4-burner gas range, 42" espresso-colored cabinets, ample storage & counter space and large island. 1st & 3rd floor bedrooms are spacious & each includes a private bath. The primary bedroom is quite large and features an ensuite bath with soaking tub, separate shower, long vanity & roomy walk-in closet. Dominion Estates has limited access gates, a walking trail & dog park area. The refrigerator, washer and dryer will convey. The home is located in the ultra-hip Garden Oaks/Oak Forest area and is near shopping, dining, parks, entertainment and has easy access to downtown, 610, I-45 and 290.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$251,750Estimated Mortgage Balance
$67,097Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,581
$284,738
2025
$70,150
$214,588
$284,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,581
$284,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$251,750
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,903
$66,097
22%
78%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,805/mo
$-83/mo
6.9%

Learn About the Market: Opportunity in Houston

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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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3308 Masters Point Dr | Property Details | No Agent List