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$165,000

11550 Chimney Rock Road 536, Houston, TX, 77035

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,440 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.58 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1971
Stories1

Land Information

APN1134770000015
SubdivisionWestbury Square T/H Condo
Land UseResidential
Legal DescriptionUNIT 31 BLDG C .38 INT COMMON LAND & ELE WESTBURY SQUARE T/H CONDO
Census Tract422100
Assessed Land Value$17,630
Assessed Improvement Value$75,161
Assessment Year2025

About this property

Welcome to Westbury Square! This newly renovated 2 bed, 2.5 bath condo features laminate wood flooring, stainless steel appliances, quartz countertops, custom cabinetry with hardware, and new light fixtures in every room. With ceiling fans in each of the spacious bedrooms and living room, recessed lighting in the living room, upgraded kitchen features, and a utility room inside the home, this unit offers comfort and style. Enjoy the brand new Low-E windows, spacious patio, pool, and walking paths in this gated community. Conveniently located near I-610 and Hwy 90, this property also includes 2 assigned carports, paid water/trash via HOA, and electricity savings through a co-op arrangement. This gated community takes security a step further with codes to enter and exit the property. The sellers are also offering a one year home warranty for reassurance of the property's condition. Don't miss out on this great opportunity to own a home in a prime location! Buyers are to verify dimensions

Investor Tools

Property Icon
$92,791
Estimated Property Value
$0Estimated Mortgage Balance
$45,996Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Kay Harris

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$486/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,674
$92,791
2025
$17,630
$75,161
$92,791
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,674
$92,791

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$52,500
No
First
Dec 21, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,795
$45,996
49%
50%
$204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$690/mo
+$405/mo
14.2%

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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11550 Chimney Rock Road 536 | Property Details | No Agent List