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$114,000

11525 Chimney Rock Rd # 3, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1965
Stories2

Land Information

APN1134360000003
SubdivisionWestbury Gardens Condo
Land UseResidential
Legal DescriptionUNIT 3 BLDG U .004973 INT COMMON LAND & ELE WESTBURY GARDENS CONDO
Census Tract422100
Assessed Land Value$20,610
Assessed Improvement Value$87,866
Assessment Year2025

About this property

Completely renovated townhome with GRANITE COUNTERTOPS, WASHER/DRYER INCLUDED, NEW STAINLESS APPLIANCES, FRESH PAINT AND NEW CARPET!! Easy access to 610 in wonderfully quiet neighborhood with large, mature live oak trees. Pool access. Water, sewer and maintenance included. Be the first to live in this unit since its makeover!

Investor Tools

Property Icon
$114,000
Estimated Property Value
$39,100Estimated Mortgage Balance
$89,072Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,318
$108,476
2025
$20,610
$87,866
$108,476
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,318
$108,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kenneth Booth
Unknown
$39,100
No
First
Feb 12, 2011
Feb 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,928
$88,072
77%
22%
$235/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$235/mo
+$1,072/mo
13.8%

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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11525 Chimney Rock Rd # 3 | Property Details | No Agent List