Last 24 Hours
$50,000
12500 Sandpiper Drive 52, Houston, TX, 77035
On Market
2 Beds
1 Bath
966 Sq Ft
Condos / Townhouses
$51.76 / sqft
Built in 1981Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Indoor Fireplace
Heating Central
CoolingBuilding Information
Year Built1981
Stories1
Land Information
APN1150630040008
SubdivisionPipers Crossing Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 52 BLDG D .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
This 2-bedroom, 1-bath condo offers strong rental potential with consistent demand in the area. Functional layout, easy access to major roads, and proximity to shopping and employment hubs make this an ideal addition to any rental portfolio. Property is being sold as-is and is priced accordingly—perfect for a light value-add or quick turn. HOA covers exterior maintenance, grounds, and common areas, helping keep ownership simple and predictable. Bring your offers—opportunities at this price point don’t last.
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
$326 /month
Positive
Cash Flow Estimate:
$109 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$508/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
$508/mo
+$799/mo
28.9%
12.4%