$215,000
1116 Murrayhill Dr Apt 8, Houston, TX, 77043
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesMicrowave, Dryer, Refrigerator, Washer, Dishwasher
Exterior
Lot Size27,002 sqft
Building Information
Year Built1983
Land Information
APN1238890020004
SubdivisionMurray Hill Condo
Land UseResidential
Legal DescriptionUNIT 8 BLDG 1116 .0833 INT COMMON LAND & ELE MURRAY HILL CONDO
Census Tract522401
Assessed Land Value$19,506
Assessed Improvement Value$83,156
Assessment Year2025
About this property
Beautiful 3 Bedroom 2 Bath 2 Story Condo in an excellent gated community near I-10 & Beltway 8. Freshly Painted and MOVE-IN READY! Primary Bedroom on the first floor. Comes with Washer, Dryer and Refrigerator.
Investor Tools
$66,796Estimated Mortgage Balance
$73,584Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,158
$102,662
2025
$19,506
$83,156
$102,662
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,158
$102,662
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$86,450
No
First
Jan 19, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,796
$73,204
52%
48%
$519/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$519/mo
+$821/mo
11.5%
