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$450,000

1940 Purswell Road, Houston, TX, 77055

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.89 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesDishwasher

Exterior

Lot Size1,546 sqft

Building Information

Garage Spaces2

Land Information

APN1360850010024
Lot Number24
Land UseResidential
Legal DescriptionLT 24 BLK 1 SILBER ESTATES
Census Tract520400
Assessed Land Value$135,423
Assessment Year2025

About this property

An elegant, beautifully designed brand-new build with every luxury feature and modern amenity you could ask for. Soaring ceilings, unique character at every turn, and an expansive floor plan give you room to work remotely in complete comfort. Countless windows fill the home with soft light for a cozy feel. Set in a highly sought-after, central location, you're just 6 minutes from dozens of shops, restaurants, bars, and cafes, and 8 minutes from Memorial Park's jogging trails and golf course, perfect for a morning run or evening stroll. Dining out is a breeze. Entertain family and friends while taking in stunning views of Downtown Houston and the Galleria skyline from the privacy and tranquility of your own balcony. The prime location also means an effortless commute in to Downtown, the Galleria and the Energy Corridor. Don't miss this rare, high-quality new build, beautifully unique and truly special.

Investor Tools

$297,385Estimated Mortgage Balance
$466,615Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,584 /month
Positive
Cash Flow Estimate:
$1,528 /month

Interested in this property?

Gabriel Torre

Ignite Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,527
$135,423
2025
$135,423
N/A
$135,423
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,527
$135,423

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alpha Capital Management Llc Protected S
Open End Mortgage / Open End With Future Advance Clause
$300,000
No
First
Mar 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,385
$466,615
61%
39%
$1,799/mo

City: Houston

1940 Purswell Road | Property Details | No Agent List