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$383,000

NAL Estimated Property Value

4022 Omeara Dr, Houston, TX, 77025

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,826 Sq Ft
price_per_sqft$156.35 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0805800000016
Lot Number16
SubdivisionWestwood
Land UseResidential
Legal DescriptionLT 16 BLK 6 WESTWOOD SEC 5
Census Tract420200
Assessed Land Value$187,200
Assessed Improvement Value$178,473
Assessment Year2025

About this property

This is a totally delightful home so tastefully updated while maintaining its original charm. The inviting front porch leads to the sunny formal living room and dining room all with beautiful hardwood floors. The updated kitchen has granite countertops, tile backsplash, 5 burner gas cooktop, Subzero refrigerator and ceramic tile floors. The breakfast room has a built in banquette overlooking the back yard. There are two spacious bedrooms, a guest bath and powder room. A hallway with wonderful built-ins leads to the primary suite addition and bedroom with sitting area, updated bath and walk- in closet. French doors open to the incredible landscaped back yard which is like an oasis. There is a 24 x 12 ft. screened in porch and a 30 x 17 ft. deck for your outdoor enjoyment. The back also has a shed/workshop , garden boxes, stone pathways and extensive lighting. It is a true retreat. This is a great location close to the Medical Center, Rice Village and the Galleria. No flooding.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$221,120Estimated Mortgage Balance
$161,880Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,320
$365,673
2025
$187,200
$178,473
$365,673
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,320
$365,673

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Home Loans Llc
Conventional
$244,000
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,120
$160,880
42%
58%
$1,463/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,513/mo
+$1,127/mo
8.3%

City: Houston

4022 Omeara Dr | Property Details | No Agent List