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Owner Contacts

$208,128

NAL Estimated Property Value

615 N Willow Dr, Houston, TX, 77073

Off Market

3 Beds

2 Bath

1,500 Sq Ft

$113.33 / sqft

Built in 1994

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Lot Size7,349 sqft

Building Information

Year Built1994

Garage Spaces2

Land Information

APN1173120070015

Lot Number15

SubdivisionWillow West

Land UseResidential

Legal DescriptionLT 15 BLK 7 WILLOW WEST SEC 2

Census Tract240704

Assessed Land Value$42,273

Assessed Improvement Value$165,855

Assessment Year2025

About this property

Cute, well-maintained 1 story home that is move-in ready. Home and yard neat and clean. Open-plan kitchen, living and dining areas. Breakfast bar separates sunny kitchen from living/dining area. Kitchen has breakfast area, laminate counters and tiled floors. Updated double pane windows throughout. All appliances included. Entry, kitchen, dining, utility and bathrooms all tiled. Carpet in remainder of areas. Split floor plan with 2 secondary bedrooms and hall bathroom on one side and primary suite on the other. Primary suite has separate tub and shower with double vanities. Walk- in closet. Utility room in the house - washer and dryer included. Lovely 17x10 covered back patio for cool summer evenings. 21x10 shed in back yard included. Auto sprinkler system for the whole yard.

Investor Tools

$208,128

Estimated Property Value

$142,771Estimated Mortgage Balance

$65,357Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,249 /month

Positive

Cash Flow Estimate:

$416 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$231/month

$340/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,732

$208,128

2025

$42,273

$165,855

$208,128

Tax History

Year

Tax Paid

Assessed Value

2024

$1,732

$208,128

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stellar Bank

Building Or Construction Loan

$160,050

First

Oct 14, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$142,771

$66,229

31%

69%

$960/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,300/mo

+$422/mo

9.9%

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