$52,000
10100 S Gessner Rd Apt 215, Houston, TX, 77071
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile
Building Information
Year Built1980
Stories1
Land Information
APN1148680020015
Land UseResidential
Legal DescriptionUNIT 215 BLDG B GUSTINE LANE CONDO 4TH AMEND
Census Tract423204
Assessed Land Value$10,178
Assessed Improvement Value$43,390
Assessment Year2025
About this property
Great location! Stop paying rent! great starter home conveniently located in the heart of Houston. Come see this property because it will not last long at this price, Everything is brand new, especially the refrigerator, stove and dishwasher with easy access to major thoroughfares like US 59 and the Sam Houston Tollway (Beltway 8). Property did not flood during hurricane Harvey.
Investor Tools
$0Estimated Mortgage Balance
$57,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$342 /month
Positive
Cash Flow Estimate:
$114 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$204/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,161
$53,568
2025
$10,178
$43,390
$53,568
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,161
$53,568
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$62,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$204/mo
+$891/mo
23.1%
