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$2,550

$2,550

708 Ivory Manor Dr, Houston, TX, 77018

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,690 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,601 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1386460010014
Lot Number14
Land UseResidential
Legal DescriptionLT 14 BLK 1 NEUMANN OAKS
Census Tract530900
Assessed Land Value$103,400
Assessed Improvement Value$249,241
Assessment Year2025

About this property

Experience sophisticated urban living in this stunning three-bedroom, 2.5-bath gated townhome located in the highly sought-after Shepherd Park Plaza area. Designed for today's lifestyle, the open floor plan features elegant engineered wood flooring, neutral paint, soaring ceilings, recessed lighting, and abundant natural light throughout. The island kitchen is beautifully appointed with granite countertops, designer tile backsplash, under-cabinet lighting, a deep basin sink with a pull-down faucet, white cabinetry, and stainless steel appliances. Upstairs, the spacious owner's retreat offers a large walk-in closet and a luxurious ensuite bath with dual sinks and an oversized walk-in shower. Two secondary bedrooms provide flexibility for family, guests, or a home office. Enjoy the convenience of a two-car garage, a private fenced backyard, and energy-efficient features that combine comfort, style, and low-maintenance living in one exceptional home.

Investor Tools

Property Icon
$352,641
Estimated Property Value
$255,000Estimated Mortgage Balance
$118,464Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,116 /month
Positive
Cash Flow Estimate:
$705 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,673
$352,641
2025
$103,400
$249,241
$352,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,673
$352,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$255,000
No
First
Mar 9, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,177
$118,464
33%
66%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,529/mo
+$193/mo
5.9%

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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708 Ivory Manor Dr | Property Details | No Agent List