$56,000
12500 Sandpiper Drive 176, Houston, TX, 77035
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Building Information
Year Built1981
Stories1
Land Information
APN1150630130002
SubdivisionPipers Crossing Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 176 BLDG M .508 INT COMMON LAND & ELE PIPERS CROSSING CONDO PH 1
Census Tract422200
Assessed Land Value$10,326
Assessed Improvement Value$44,021
Assessment Year2025
About this property
Welcome to this spacious 2 bedroom 1 bath condo. Ready for its new home owner or tenant. Located in a gated community with a private balcony from living room. Condo is conveniently located to many major highways, shopping malls, nearby bus routes, hospitals, and much more!
Investor Tools
$0Estimated Mortgage Balance
$54,347Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$336 /month
Positive
Cash Flow Estimate:
$112 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$462/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,457
$54,347
2025
$10,326
$44,021
$54,347
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,457
$54,347
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$54,347
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$462/mo
+$845/mo
28.9%
