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Owner Contacts

$2,666,000

NAL Estimated Property Value

3507 Drexel Dr, Houston, TX, 77027

Off Market

5 Beds

6 Bath

2,144 Sq Ft

Single Family Residence

$2.29 / sqft

Built in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Gas Range, Dryer, Refrigerator

FlooringWood

Exterior

Private Pool

Lot Size8,891 sqft

Building Information

Year Built2023

Stories1

Garage Spaces2

Land Information

APN0751080080010

Lot Number10

SubdivisionLynn Park Annex

Land UseResidential

Legal DescriptionLT 10 BLK 8 LYNN PARK ANNEX

Census Tract411505

Assessed Land Value$953,925

Assessed Improvement Value$1,642,354

Assessment Year2025

About this property

Stylishly updated home in one of Houston's most desirable locations inside the loop. Check out the photos of this fantastic home. Located in the Highland Village area, close to Downtown and minutes to The Galleria, Highland Village shopping area, Greenway Plaza and the Med Center. Great walkability score and close to numerous restaurants and shopping. Open concept living with recently updated kitchen opens to the spacious living area with stunning views of the pool. Great home office perfect for working from home. Beautiful hardwoods, designer colors and more. This home is perfect for family living and entertaining. *Owner will consider including pool maintenance with a full price offer. With offer please include: completed application, proof of income ( 2 pay stubs) and full background check.

Investor Tools

$2,666,000

Estimated Property Value

$2,110,806Estimated Mortgage Balance

$555,194Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$15,996 /month

Positive

Cash Flow Estimate:

$5,332 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$4,636/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$42,297

$2,596,279

2025

$953,925

$1,642,354

$2,596,279

Tax History

Year

Tax Paid

Assessed Value

2024

$42,297

$2,596,279

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Unknown

$2,120,000

First

Feb 13, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$2,110,806

$560,194

20%

79%

$12,711/mo

Learn About the Market: Opportunity in Houston

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