Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$685,000

4222 Drake Street, Houston, TX, 77005

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,498 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.22 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Washer Included, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Lot Size2,500 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1335430010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 ROC HOMES SINGLE FAMILY ON DRAKE
Census Tract411801
Assessed Land Value$250,000
Assessed Improvement Value$415,953
Assessment Year2025

About this property

Gracefully appointed home in wonderful West University location. Special features include granite counters, engineered wood floors throughout, plantation shutters, high ceilings, crown molding, and Lux turf in the backyard. Close to shopping, restaurants and parks. Zoned to great schools. Beautiful tree-lined street.

Investor Tools

$494,914Estimated Mortgage Balance
$230,086Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Kay Hardy

Coldwell Banker Realty - Heights

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,259
$665,953
2025
$250,000
$415,953
$665,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,259
$665,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Conventional
$548,250
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$494,914
$230,086
31%
68%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,288/mo
$-708/mo
4.3%

City: Houston

4222 Drake Street | Property Details | No Agent List