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$167,200

1011 Hamblen Rd Apt 306, Houston, TX, 77339

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,320 Sq Ft
price_per_sqft$126.67 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Full Size, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Lot Size1,407 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1153560030006
SubdivisionFairway Forest T/H
Land UseResidential
Legal DescriptionUNIT 6 BLDG 3 FAIRWAY FOREST T/H
Census Tract251100
Assessed Land Value$10,553
Assessed Improvement Value$112,690
Assessment Year2025

About this property

Welcome to 1011 Hamblen Road #306, tucked into Kingwood West’s Fairway Forest community. This FULLY UPDATED, MOVE-IN-READY 1,320 sq. ft. condo offers a quiet setting with easy access to Hwy 59 and Kingwood amenities. The open living and dining area features high ceilings and a warm fireplace, while the updated kitchen includes stainless steel appliances, granite countertops, a walk-in pantry, and a breakfast bar. Upstairs, TWO PRIMARY SUITES each offer an en-suite bath and walk-in closet, with a convenient second-floor laundry. LED lighting and ceiling fans run throughout. The washer, dryer, and refrigerator stay. Enjoy an assigned two-car covered carport, additional parking, and a community dog park. A restaurant, bar, and convenience store are within walking distance. LOW HOA FEE. Schedule a private tour today and come see it for yourself!

Investor Tools

$127,262Estimated Mortgage Balance
$24,738Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,003 /month
Positive
Cash Flow Estimate:
$334 /month

Interested in this property?

TJ Diaz

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
$130/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,567
$123,243
2025
$10,553
$112,690
$123,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,567
$123,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$122,735
Yes
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,262
$24,738
16%
84%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,570/mo
$970/mo
+$600/mo
12.4%

City: Houston

1011 Hamblen Rd Apt 306 | Property Details | No Agent List