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$1,548,000

NAL Estimated Property Value

370 Tealwood Dr, Houston, TX, 77024

$1,550,368 ARVInfo
Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths4,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.14 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size10,886 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0972980000001
Lot Number1
SubdivisionTealwood
Land UseResidential
Legal DescriptionLT 1 BLK 3 TEALWOOD SEC 1
Census Tract430900
Assessed Land Value$665,763
Assessed Improvement Value$664,237
Assessment Year2025

About this property

This beautiful home offers an incredible price opportunity to get into the prestigious and highly desired schools of Frostwood, Memorial Middle School and Memorial High School. Incredibly spacious living areas, filled with natural light; 10ft ceilings throughout, 4 beautiful bedrooms with custom builtins, two of which are primary bedrooms with Ensuites. Fabulous walk in closets and so much storage throughout. Walk-in large pantry, turfed yard and multiple offices. A courtyard pool with a fabulous fountain that creates a peaceful ambience from multiple areas of the home. Updated plumbing, updated roof, insulation and AC units. Walking distance from numerous coffee shops, restaurants, pharmacy, Frostwood Elementary, and so much more.

Investor Tools

Property Icon
$1,548,000
Estimated Property Value
$1,030,711Estimated Mortgage Balance
$517,289Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,550,368
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,288 /month
Positive
Cash Flow Estimate:
$3,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,578/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,202
$1,330,000
2025
$665,763
$664,237
$1,330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,202
$1,330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$1,064,000
No
First
Aug 23, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,030,711
$600,289
36%
67%
$6,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$6,980/mo
$-4,460/mo
2.0%

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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370 Tealwood Dr | Property Details | No Agent List