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$111,008

NAL Estimated Property Value

10807 Braes Bend Dr, Houston, TX, 77071

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$57.69 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1985

Land Information

APN1163570080004
SubdivisionCreekbend Townhomes
Land UseResidential
Legal DescriptionUNIT 10807 BLDG H .5756 INT COMMON LAND & ELE CREEKBEND T/H CONDO PH 2
Census Tract423304
Assessed Land Value$21,092
Assessed Improvement Value$89,916
Assessment Year2025

About this property

VACANT NICE AND WELL KEPT COMMUNITY. PRICED WELL BELOW MARKET VALUE. AC IS OLDER BUT WORKS FINE. OWNER FIRM ON PRICE. GREAT INVESTMENT OPPORTUNITY! WON'T LAST LONG. PLEASE VERIFY ROOM DIMENSIONS. AS IS. SELLER FIRM ON PRICE

Investor Tools

Property Icon
$111,008
Estimated Property Value
$56,148Estimated Mortgage Balance
$54,860Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
$326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$995
$111,008
2025
$21,092
$89,916
$111,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$995
$111,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$62,320
No
First
Mar 10, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,148
$54,860
49%
51%
$374/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$700/mo
+$607/mo
14.1%

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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10807 Braes Bend Dr | Property Details | No Agent List