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$81,000

10100 S Gessner Road 201, Houston, TX, 77071

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths918 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$49.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringTile

Building Information

Year Built1980
Stories1

Land Information

APN1148680020001
Land UseResidential
Legal DescriptionUNIT 201 BLDG B GUSTINE LANE CONDO 4TH AMEND
Census Tract423204
Assessed Land Value$12,812
Assessed Improvement Value$54,619
Assessment Year2025

About this property

Tenant occupied two bedroom unit. Sold as INVESTMENT PROPERTY only, together with unit 208, 802, 206. 404. and 713. by the same owner. Easy access to freeways (US-69 and Beltway 8), did not flood during Harvey. No showings without an accepted offer. Send proof of funds with all offers. Owner prefers to sell all six of his units together to one buyer!

Investor Tools

Property Icon
$81,000
Estimated Property Value
$0Estimated Mortgage Balance
$81,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$486 /month
Positive
Cash Flow Estimate:
$162 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$268/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,335
$67,431
2025
$12,812
$54,619
$67,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,335
$67,431

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$81,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$268/mo
+$827/mo
16.2%

Learn About the Market: Opportunity in Houston

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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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