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$841,000

4021 Mcdermed Dr, Houston, TX, 77025

SoldInfo
7/01/26
Beds3 Beds
Baths1 Bath
Baths3,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.23 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN0771740100310
Lot Number310
SubdivisionWestwood
Land UseResidential
Legal DescriptionLT 310 BLK 10 WESTWOOD SEC 2 R/P
Census Tract420200
Assessed Land Value$187,200
Assessed Improvement Value$40,203
Assessment Year2025

About this property

New construction at 4021 McDermed Dr offers a thoughtfully designed two-story layout in a quiet residential setting with convenient access to major Houston roadways. The first floor features open living, dining, and kitchen spaces that flow to a covered back porch, along with a private home office and first-floor primary suite. A mudroom, laundry area, and attached two-car garage add everyday convenience. Upstairs includes three additional bedrooms, multiple full baths, a spacious game room, and ample storage, creating clear separation between living and private areas. The home is built on an engineered foundation with a durable, well-planned structure and balanced exterior design. Located just minutes from shopping, dining, and major employment centers, including the Texas Medical Center area.

Investor Tools

Property Icon
$841,000
Estimated Property Value
$480,000Estimated Mortgage Balance
$368,020Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$187
$227,403
2025
$187,200
$40,203
$227,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$187
$227,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Commercial
$480,000
No
First
Sep 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,980
$368,020
43%
56%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,878/mo
$-838/mo
2.9%

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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4021 Mcdermed Dr | Property Details | No Agent List