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$1,090,000

NAL Estimated Property Value

556 Rancho Bauer Dr, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.27 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Instant Hot Water
FlooringCarpet, Marble

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size9,644 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN0813140000022
Lot Number3D
SubdivisionMemorial Drive Acres
Land UseResidential
Legal DescriptionLT 3D BLK 5 MEMORIAL DRIVE ACRES
Census Tract450700
Assessed Land Value$276,660
Assessed Improvement Value$699,340
Assessment Year2025

About this property

One of a kind, Spanish contemporary home in the Heart of the Memorial area. Boasting magnificent 20' ceilings in the palatial living room, this unique home feels airy and bright with loads of natural light beaming through floor to ceiling windows. Beautiful wide plank wood flooring accents the modern formal dining that flows effortlessly into living room with custom bookcases & built-in bar, ideal for entertaining. Updated island kitchen sparkles with exotic granite and custom quiet close cabinetry. Bonus study down wrapped in millwork has access to back patio. Primary down is oversized with seating area and spa like en suite with serene, soft finishes. Three bedrooms and game room up with two baths. Extremely private location tucked at back of cul-de-sac with oversized garage. The backyard oasis has private pool & extra yard space- an unusual find. Zoned to loved SBISD schools and situated in the nature filled community of Memorial Drive Acres with special Peacock residents.

Investor Tools

Property Icon
$1,090,000
Estimated Property Value
$734,041Estimated Mortgage Balance
$355,959Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,540 /month
Positive
Cash Flow Estimate:
$2,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,885
$976,000
2025
$276,660
$699,340
$976,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,885
$976,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Texas Na
Credit Line (Revolving) / Heloc
$26,000
No
First
N/A
Feb 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$734,041
$384,959
34%
67%
$4,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$4,850/mo
$-2,120/mo
3.0%

City: Houston

556 Rancho Bauer Dr | Property Details | No Agent List