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$236,336

1114 Augusta Dr Apt 15, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,533 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.99 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size1,011 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN0690910010005
SubdivisionArbour T/H
Land UseResidential
Legal DescriptionUNIT 15 BLDG 1 ARBOUR T/H
Census Tract431505
Assessed Land Value$77,911
Assessed Improvement Value$158,425
Assessment Year2025

About this property

This spacious 2-bedroom, 2-bath home with a versatile 3rd-story loft offers incredible potential with the right updates. The loft is ideal for an office, guest room, or additional living space. A wood-burning fireplace adds warmth to the living area, while large windows provide abundant natural light. While the home needs fresh paint, sheetrock repairs, and full carpet replacement, it presents a great opportunity for customization. Additional features include a 2-car garage, built-in alarm system, and generous closet space. With some TLC, this home can truly shine! 3D available! Regular monthly assessments for this unit are $378.52/mo and there are currently no Special Assessments in effect or planned at this time.

Investor Tools

Property Icon
$236,336
Estimated Property Value
$186,200Estimated Mortgage Balance
$53,136Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,418 /month
Positive
Cash Flow Estimate:
$473 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$379/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,458
$236,336
2025
$77,911
$158,425
$236,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,458
$236,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$186,200
No
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,200
$53,136
22%
78%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,496/mo
+$44/mo
7.8%

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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1114 Augusta Dr Apt 15 | Property Details | No Agent List