$599,000
1801 Potomac Dr Apt A, Houston, TX, 77057
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Stone, Tile, Wood
Exterior
Exterior FeaturesBalcony, Sprinkler System
Lot Size4,478 sqft
Building Information
Year Built1983
Stories2
Garage Spaces2
Land Information
APN0761800080205
SubdivisionWesthaven Estates
Land UseResidential
Legal DescriptionTR 205A BLK 8 WESTHAVEN ESTATES SEC 2
Census Tract431302
Assessed Land Value$157,339
Assessed Improvement Value$488,498
Assessment Year2025
About this property
Open house Monday 10/12 2-4pm. WONDERFUL FRONT PATIO (30X24) AS WELL AS PATIO AT BACK DOOR! TRADITIONAL HOME WITH UPDATED KITCHEN. FEATURES WOOD FLOORS DOWN, CROWN MOULDING THROUGHOUT. LIVING HAS LOTS OF LIGHT, FIREPLACE, BOOKCASES. KITCHEN UPDATED WITH NEW CABINETS, GRANITE COUNTERTOPS, CUSTOM BACKSPLASH. SEPARATE HOME OFFICE/STUDY DOWNSTAIRS. EXTRA LARGE PRIMARY BEDRROM HAS TWO OVERSIZED CLOSETS. ALL BRICK, THIS HOME HAS LARGE SECONDARY BEDROOMS! NO MAINTENANCE FEE! PEX PLUMBING INSTALLED.
Investor Tools
$173,470Estimated Mortgage Balance
$490,530Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,360
$645,837
2025
$157,339
$488,498
$645,837
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,360
$645,837
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$184,845
No
First
Jun 27, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,470
$490,530
73%
26%
$1,109/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,109/mo
+$921/mo
3.7%
