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$355,000

708 Ivory Manor Drive, Houston, TX, 77018

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,690 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$210.06 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Washer/Dryer
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 the pinnacle of sophisticated urban living in this stunning three-bedroom, 2.5-bath gated townhome nestled within the highly coveted Shepherd Park Plaza area. The thoughtfully designed floor plan is meticulously crafted for modern lifestyles, featuring elegant engineered wood flooring, serene neutral paint tones, and soaring raised ceilings accented with recessed lighting, creating an inviting, airy atmosphere. This culinary haven boasts premium granite countertops, designer tile backsplashes with under-cabinet lighting, a deep basin sink with professional pull-down fixtures, crisp white cabinetry, and high-end stainless steel appliances. Retreat upstairs to the posh owner’s suite, a private sanctuary featuring a massive walk-in closet and a spa-like ensuite bathroom equipped with dual sinks and an oversized walk-in shower. With a two-car garage, a private fenced yard, and cutting-edge energy-efficient features, this home perfectly balances luxury with practicality.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$135,953Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$3,850/month
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
$235,047
$135,953
36%
63%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,379/mo
$-3,657/mo
5.6%

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 Drive | Property Details | No Agent List