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$1,753,000

NAL Estimated Property Value

435 Electra Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.79 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Marble, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,281 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN0870720000001
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionTR 1 BLK 12 MEMORIAL BEND SEC 2
Census Tract450700
Assessed Land Value$554,346
Assessed Improvement Value$960,154
Assessment Year2025

About this property

This contemporary home sits on a corner lot,offering ultimate privacy by backing to Edith Moore Nature Sanctuary.The open-concept design features clean lines,iron double doors and wood floors throughout.A stunning wall of windows seamlessly blends indoor and outdoor living and the elegant staircase features geometric designer handrails.The Chef’s kitchen boasts top-of-the-line appliances,including Sub-Zero fridge and freezer columns,a wine fridge and a Wolf gas range.Shaker-style cabinets and a decorative tile backsplash complement the large quartz island with dual sinks,which offers ample seating.The covered patio with an outdoor kitchen is perfect for al fresco dining.The luxurious primary en suite features an oversized walk in closet,a seating area,dual vanities,elegant marble floors, countertops and a freestanding soaking tub for ultimate relaxation.Zoned to Rummel Creek Elementary, Memorial Middle and High. Never flooded.Within walking distance to City center & Terry Hershey park.

Investor Tools

Property Icon
$1,753,000
Estimated Property Value
$1,184,070Estimated Mortgage Balance
$568,930Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,518 /month
Positive
Cash Flow Estimate:
$3,506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,791/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,727
$1,514,500
2025
$554,346
$960,154
$1,514,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,727
$1,514,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$818,445
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,184,070
$562,930
32%
68%
$7,306/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$7,756/mo
$-4,506/mo
2.2%

City: Houston

435 Electra Dr | Property Details | No Agent List