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$42,000

12500 Sandpiper Drive 54, Houston, TX, 77035

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths729 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$57.61 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1981
Stories1

Land Information

APN1150630040010
SubdivisionPipers Crossing
Land UseResidential
Legal DescriptionUNIT 54 BLDG D .416 INT COMMON LAND & ELE PIPERS CROSSING CONDO PH 1
Census Tract422200
Assessed Land Value$8,357
Assessed Improvement Value$35,629
Assessment Year2025

About this property

Welcome to 12500 Sandpiper Dr #54, a low-maintenance condo perfect for a first-time investor. Functional layout, great natural light, and a convenient SW Houston location near shopping, dining, and major roads. HOA covers exterior, grounds & common areas for easy ownership. Unit is tenant occupied. Showing only after approved contract. Please do not disturb the tenant.

Investor Tools

$0Estimated Mortgage Balance
$46,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Tuonglinh Tran

World Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
$416/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,179
$43,986
2025
$8,357
$35,629
$43,986
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,179
$43,986

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$46,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$416/mo
+$679/mo
28.6%

City: Houston