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$625,000

2302 Willowby Dr, Houston, TX, 77008

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$432.53 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size7,593 sqft

Building Information

Year Built1961
Stories1
Garage Spaces2

Land Information

APN0925300000008
Lot Number8
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 8 BLK 7 TIMBERGROVE MANOR SEC 14
Census Tract511001
Assessed Land Value$369,750
Assessed Improvement Value$233,941
Assessment Year2025

About this property

Nestled in the heart of Timbergrove just blocks from Sinclair Elementary and Jaycee Park, this home offers the kind of living that makes this neighborhood so loved. Behind its charming exterior, an open-concept layout is filled with natural light & designed to make the most of every inch. 2 separate living spaces provide rare flexibility at this size, allowing for a home office, playroom or 2nd family room as your needs evolve. Kitchen opens to the main living and dining areas. Out back, the home comes to life with a private pool + mature shade tree creating a backyard made for hot summer days & evenings outside. Beyond what you can see, many of the home’s major systems have been thoughtfully updated - new roof, windows, AC, pool pump, sprinkler system, convection oven, remodeled primary bath & more. Surrounded by the friendly community Timbergrove is known for, this is a home that pairs neighborhood charm with flexibility, functionality + the peace of mind of meaningful improvements

Investor Tools

$405,414Estimated Mortgage Balance
$198,277Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

Sarah Clinch

Brent Allen Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,522
$603,691
2025
$369,750
$233,941
$603,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,522
$603,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$432,000
No
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,414
$198,277
32%
67%
$2,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,591/mo
$-361/mo
4.4%

City: Houston