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$305,000

1510 Summer City Dr, Houston, TX, 77047

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,195 Sq Ft
price_per_sqft$138.95 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Microwave, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBalcony, Sprinkler System
Lot Size4,639 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1370250020017
Lot Number17
Land UseResidential
Legal DescriptionLT 17 BLK 2 CITY PARK SOUTH SEC 1
Census Tract330901
Assessed Land Value$45,652
Assessed Improvement Value$277,587
Assessment Year2025

About this property

4 Bed | 2.5 Bath | Downtown Views Welcome to this beautifully designed home featuring a dramatic 20-foot foyer and a versatile flex space perfect for a media room, second living area, or playroom. Two spacious secondary bedrooms with walk-in closets share a full bathroom on the lower level. Upstairs, enjoy engineered hardwood floors and an open-concept layout with upgraded cabinetry, granite countertops, a massive island, and a walk-in pantry. The main level also features a large balcony with downtown Houston views, a spacious primary suite with a large walk-in closet, and a fourth bedroom ideal for a nursery or home office. Step outside to a large backyard, covered patio, and extended concrete slab, perfect for entertaining and gatherings. Conveniently located just 7 miles from the Texas Medical Center and 10 miles from Downtown Houston, this home offers both comfort and accessibility.

Investor Tools

Property Icon
$323,239
Estimated Property Value
$233,731Estimated Mortgage Balance
$120,324Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,939 /month
Positive
Cash Flow Estimate:
$646 /month

Interested in this property?

Jonathan Minerick

homecoin.com

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
$1,275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,658
$323,239
2025
$45,652
$277,587
$323,239
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,658
$323,239

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Fha
$233,731
Yes
First
Jan 27, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,915
$120,324
37%
63%
$1,402/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,677/mo
$-87/mo
9.6%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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1510 Summer City Dr | Property Details | No Agent List