$61,000
12500 Sandpiper Drive 76, Houston, TX, 77035
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Building Information
Year Built1981
Stories1
Land Information
APN1150630050016
SubdivisionPipers Crossing
Land UseResidential
Legal DescriptionUNIT 76 BLDG E .605 INT COMMON LAND & ELE PIPERS CROSSING CONDO PH 1
Census Tract422200
Assessed Land Value$11,908
Assessed Improvement Value$50,764
Assessment Year2025
About this property
Spacious 2 bedroom 2 bath condo. Ready for its new home owner or tenant. Located in a gated community with a private balcony from living room. Stacked washer & dryer connection available, all appliances in the condo are included in sale.
Investor Tools
$0Estimated Mortgage Balance
$62,672Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$376 /month
Positive
Cash Flow Estimate:
$125 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$550/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,680
$62,672
2025
$11,908
$50,764
$62,672
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,680
$62,672
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$62,672
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$550/mo
+$757/mo
25.0%
