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$1,973,000

NAL Estimated Property Value

535 Westminster Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$370.92 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size15,002 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0823840000045
Lot Number45
SubdivisionHuntleigh
Land UseResidential
Legal DescriptionLT 45 BLK 3 HUNTLEIGH
Census Tract430200
Assessed Land Value$825,000
Assessed Improvement Value$601,500
Assessment Year2025

About this property

Spectacular home in popular Memorial neighborhood on treed lot with lush landscaping. Updated master suite has raised ceilings, bath w/lots of built-ins + huge closet with built-ins. Plantation shutters. Oversized family room with cathedral ceiling, built-ins, wet bar & remote gas logs. Huge outdoor covered living area overlooks lovely pool. Bright breakfast room looks onto backyard/pool as does the family room & master. Carpet only in master closet. Great flow for entertaining. Tons of storage! Hunter’s Creek Elementary (Buyer to verify eligibility)! All per Seller.

Investor Tools

Property Icon
$1,973,000
Estimated Property Value
$906,003Estimated Mortgage Balance
$1,066,997Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,838 /month
Positive
Cash Flow Estimate:
$3,946 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,809/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,841
$1,426,500
2025
$825,000
$601,500
$1,426,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,841
$1,426,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$1,018,500
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$906,003
$1,110,997
55%
46%
$3,826/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$5,126/mo
$-1,876/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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535 Westminster Dr | Property Details | No Agent List