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$297,552

3330 Las Palmas Street 4, Houston, TX, 77027

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,302 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.92 / sqft
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Building Information

Year Built1989
Garage Spaces2

Land Information

APN1156720010004
SubdivisionDrexel Place
Land UseResidential
Legal DescriptionUNIT 4 BLDG 1 DREXEL PLACE LAS PALMAS
Census Tract411505
Assessed Land Value$125,000
Assessed Improvement Value$172,552
Assessment Year2025

About this property

Walk to Highland Village and Central Market in this prime location. This updated townhome is located on a tree lined street inside the loop. This home features a large living area, white oak hardwoods, 1/2 bath downstairs, kitchen with breakfast area, and a dining room that overlooks the atrium. Both bedrooms upstairs with Hollywood bath, includes 2 sinks and 2 toilets with 1 tub/shower. Generous sized closets, front door faces green space for a wonderful location. Brand new washer & dryer included! Don't miss out on this opportunity - come and see this home today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,370
$297,552
2025
$125,000
$172,552
$297,552
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,370
$297,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Megamerica Mortgage Group Inc
Stand Alone Second / Subordinate Position
$231,000
No
First
Oct 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,663
N/A
0%
145%
$2,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,770/mo
$-810/mo
7.9%

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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3330 Las Palmas Street 4 | Property Details | No Agent List