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$585,000

34 Waugh Drive D, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,396 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.16 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size2,091 sqft

Building Information

Year Built2001
Garage Spaces1

Land Information

APN1217150010015
Lot Number15
SubdivisionWaugh Drive T/H
Land UseResidential
Legal DescriptionLT 15 BLK 1 WAUGH DRIVE T/H
Census Tract510702
Assessed Land Value$230,318
Assessed Improvement Value$275,143
Assessment Year2025

About this property

Exceptional opportunity to own a meticulously maintained townhome in the heart of Houston. Ideally located within walking distance of Buffalo Heights H-E-B and just minutes from Downtown, The Galleria, Memorial Park, and Buffalo Bayou, this home offers the perfect blend of convenience and lifestyle. The first floor features a spacious secondary bedroom with a large closet and a beautifully remodeled en-suite bath. Step outside to the oversized private patio and enjoy a tranquil garden setting, perfect for relaxing or entertaining. A whole-home Generac generator provides added comfort and peace of mind. The second floor offers an inviting open-concept living area complete with a fireplace, desk nook, and a beautifully remodeled kitchen. Large windows overlook the community dog park and fill the space with natural light. . Additional highlights include no carpet throughout, ample storage, and move-in-ready condition ..

Investor Tools

$468,406Estimated Mortgage Balance
$37,055Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

James Kwon

Douglas Elliman Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
$1,481/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,452
$505,461
2025
$230,318
$275,143
$505,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,452
$505,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$250,000
No
First
Jan 3, 2023
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,406
$37,055
7%
93%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,479/mo
$-1,899/mo
6.1%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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34 Waugh Drive D | Property Details | No Agent List