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$570,000

923 W Drew St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,151 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,464 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1337090010001
Lot Number1
SubdivisionDrueverse Express
Land UseResidential
Legal DescriptionLT 1 BLK 1 DRUEVERSE EXPRESS
Census Tract410501
Assessed Land Value$131,850
Assessed Improvement Value$401,541
Assessment Year2025

About this property

Beautiful 3-story, corner home in gated community right in the heart of walkable Montrose! Wood & marble floors through most of the home. High ceilings, stainless appliances, breakfast bar, ample closet space, lots of windows & natural light & a 2nd-floor balcony. Marble & granite counters. Front-loading Samsung washer & dryer provided. Master bathroom has 2 sinks, jetted tub & large walk-in shower. Even the garage floors are textured/sealed. Custom shutters on most windows. Bedrooms have in-suite bathrooms. Just blocks from great dining/restaurants so this is a wonderfully walkable location! Other recent construction homes all around.

Investor Tools

Property Icon
$570,000
Estimated Property Value
$0Estimated Mortgage Balance
$570,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,062
$533,391
2025
$131,850
$401,541
$533,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,062
$533,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$576,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.4%

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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923 W Drew St | Property Details | No Agent List