Street View

1view

Owner Contacts

$554,000

707 Algona Ave, Houston, TX, 77008

Off Market

3 Beds

4 Bath

2,267 Sq Ft

Single Family Residence

$194.92 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size2,021 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1400700010023

Lot Number23

Land UseResidential

Legal DescriptionLT 23 BLK 1 RESERVE AT WASHINGTON SEC 2

Census Tract510902

Assessed Land Value$143,250

Assessed Improvement Value$326,071

Assessment Year2025

About this property

NEW DAVID WEEKLEY HOME! The Foxford luxury home is designed to make it easy for you to get the most of everyday life and hosting special occasions. Retire to the elegance of your deluxe Owner's Retreat, which includes a spa-day bathroom and a wardrobe-expanding walk in closet. Both guest suites present private bathrooms, plenty of closet space, and a wonderful place for growing minds to flourish. The epicurean kitchen provides a presentation island, a walk in pantry, and a sensational culinary atmosphere. Your open concept living space features energy-efficient windows, a glamorous balcony view, and boundless decorative potential. Built-in refinements include a downstairs backpack rack, a wine rack, and a convenient powder room on the main floor. Bonus storage spaces offer even more reasons to love Living Weekley in this 3 story, 3 bedroom, 3.5 bathroom new home.

Investor Tools

$554,000

Estimated Property Value

$398,949Estimated Mortgage Balance

$198,841Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,324 /month

Positive

Cash Flow Estimate:

$1,108 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$847/month

$2,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,390

$469,321

2025

$143,250

$326,071

$469,321

Tax History

Year

Tax Paid

Assessed Value

2024

$7,390

$469,321

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Priority Home Mortgage Lp

Conventional

$398,949

First

Sep 18, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$355,159

$203,841

36%

64%

$2,392/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$4,492/mo

$-2,262/mo

4.8%

Learn About the Market: Opportunity in Houston

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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.

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