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$90,000

10101 S Gessner Road 515, Houston, TX, 77071

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,058 Sq Ft
price_per_sqft$85.07 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1983

Land Information

APN1154320050015
SubdivisionBraeburn Terrace Condo Ph 2
Land UseResidential
Legal DescriptionTH 515 BLDG E .00813 INT COMMON LAND & ELE BRAEBURN TERRACE CONDO PH 2
Census Tract423301
Assessed Land Value$17,548
Assessed Improvement Value$74,809
Assessment Year2025

About this property

Welcome to 10101 S. Gessner Rd, Unit 515 - a charming third-level condo in the gated community of Braeburn Terrance offering 2 spacious bedrooms and 2 full baths. This tenant-occupied, income-producing property is ideal for investors seeking immediate rental income from day one. Also great for first-time buyers, someone downsizing, or anyone looking for low-maintenance living in the heart of Houston. The unit features a bright, open layout with abundant natural light, a walk-in closet in the primary bedroom, and ample kitchen storage. Step out into your very own private balcony, perfect for morning coffee or evening relaxation. Amenities include a sparkling pool. secure gated access, landscaped grounds, and reserved parking. Conveniently located near Hwy 59, Beltway 8, and the Galleria, shopping, dining, and entertainment, don't miss out on this great rate opportunity. Don't wait. Call and schedule your showing appointment today.

Investor Tools

$0Estimated Mortgage Balance
$105,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

Interested in this property?

Tili Capistran

Intero River Oaks Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,932
$92,357
2025
$17,548
$74,809
$92,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,932
$92,357

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$105,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$400/mo
+$907/mo
14.9%

City: Houston

10101 S Gessner Road 515 | Property Details | No Agent List