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Owner Contacts

$135,904

NAL Estimated Property Value

10555 Turtlewood Ct Unit 405, Houston, TX, 77072

Off Market

2 Beds

2 Bath

1,196 Sq Ft

Condos / Townhouses

$1.12 / sqft

Built in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Building Information

Year Built1980

Stories1

Land Information

APN1146530040005

SubdivisionTerrace Condo Ph 1

Land UseResidential

Legal DescriptionTH 405 BLDG D .3665 INT COMMON LAND & ELE TERRACE CONDO PH 1

Census Tract453100

Assessed Land Value$25,822

Assessed Improvement Value$110,082

Assessment Year2025

About this property

Located in a gated community (Terrace Condos #405, Building D), this move-in ready unit features tile and laminate flooring throughout—no carpet! It offers two spacious bedrooms with a layout perfect for roommates. Unit includes a 7-layer RO water filter (2022) with 1 year of free filters, so enjoy your free high quality drinking water(water and cable included in rent)! Granite countertops in kitchen and bathrooms. Refrigerator and dishwasher (2022) and ceiling fans (2021) in both bedrooms and living room.Washer and dryer included. New AC condenser(2024). Amenities include 2 pools, a tennis court, covered parking near the unit. Ample guest parking available. Prime location in Chinatown/Vietnamese Town, near Kim Son Restaurant, Texas Teo Chew Temple, Owens Intermediate, Arthur Storey Park, and with easy access to Beltway 8, Westpark Tollway, and I-59. Room sizes are approximate, buyer to verify.

Investor Tools

$135,904

Estimated Property Value

$0Estimated Mortgage Balance

$135,904Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$815 /month

Positive

Cash Flow Estimate:

$272 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$198/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,693

$135,904

2025

$25,822

$110,082

$135,904

Tax History

Year

Tax Paid

Assessed Value

2024

$1,693

$135,904

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$142,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

N/A

+$1,307/mo

11.5%

Learn About the Market: Opportunity in Houston

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