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$690,000

2203 Potomac Dr Unit A, Houston, TX, 77057

$734,905 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths3,924 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.84 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size5,441 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN0761790020052
SubdivisionWesthaven Estates
Land UseResidential
Legal DescriptionTR 52A BLK 2 WESTHAVEN ESTATES SEC 1
Census Tract431302
Assessed Land Value$164,080
Assessed Improvement Value$603,286
Assessment Year2025

About this property

Timeless Elegance in Houston’s Highly Desirable Galleria Area! This spacious 3-bedroom, 4.5-bath home offers timeless charm and endless potential! Featuring hardwood floors, formal living and dining rooms, an inviting den, breakfast area, and wet bar, this home is perfect for everyday living and entertaining. French doors from both the formal living room and den open to a private backyard retreat featuring a sparkling pool. The oversized primary suite features a private sitting area with gas-log fireplace, balcony, generous walk-in closet, and en-suite bath with dual vanities, jetted tub, and separate shower. Additional highlights attached 2-car garage, 2022 roof, 2023 A/C, and NO HOA fees! Ideally located minutes from premier shopping, dining, and entertainment, this home offers an exceptional opportunity in one of Houston’s most desirable areas.

Investor Tools

$268,996Estimated Mortgage Balance
$845,004Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$734,905
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,684 /month
Positive
Cash Flow Estimate:
$2,228 /month

Interested in this property?

Regina Davis Salinas

Walzel Properties - Corporate Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,600
$767,366
2025
$164,080
$603,286
$767,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,600
$767,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Ag Tampa Branch
Conventional
$402,300
No
First
Jul 27, 2012
Aug 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,996
$845,004
75%
24%
$2,412/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,412/mo
$-112/mo
2.5%

City: Houston

2203 Potomac Dr Unit A | Property Details | No Agent List