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Owner Contacts

$233,000

NAL Estimated Property Value

1300 Augusta Dr Apt 38, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,385 Sq Ft

Condos / Townhouses

$1.55 / sqft

Built in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Concrete, Tile

Exterior

Exterior FeaturesBalcony, Playground, Courtyard

Building Information

Year Built1978

Stories2

Garage Spaces2

Land Information

APN1104000000003

SubdivisionChalet Royale T/H Condo

Land UseResidential

Legal DescriptionUNIT 38 BLDG G .019520 INT COMMON LAND & ELE CHALET ROYALE T/H CONDO

Census Tract431505

Assessed Land Value$42,598

Assessed Improvement Value$181,602

Assessment Year2025

About this property

Spacious 2 Story, 2/2.5 Town Home Complete With 2 Car Garage & 2 Private Outdoor Spaces. Home Has Crown Molding Throughout, New Paint, Carpet, Light Fixtures & Recessed Lighting. First Floor Features Living, Dining, Kitchen & Half Bath. Kitchen Has Granite Countertops, Beautiful Backsplash, Tons Of Cabinet Storage & Refrigerator Stays. Double Primary Bedrooms With EnSuite Bathrooms & Walk In Closets Are A Guests Dream. Bonus Game Room/Study/Office Flex Space Upstairs. Lots of Natural Light Thru The Skylight. Laundry Room Conveniently Centrally Located On Second Floor. Second Floor Balcony With Astroturf. Perfect Place To Lounge Off Of Primary Bedroom Seating Area. Private Two Car Garage With Epoxy Floor. Greenspace Fenced Yard With Patio. Room For Dining, Gardening, & Your Pets. No Flooding. Cozy, Quiet Complex With POOL. Amazing Location Nestled In Close To San Felipe & Fountainview Next To Some Of The Best Restaurants & Entertainment Houston Has To Offer. NO PETS!

Investor Tools

$233,000

Estimated Property Value

$158,642Estimated Mortgage Balance

$74,358Estimated Equity

37% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,398 /month

Positive

Cash Flow Estimate:

$466 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$462/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,375

$224,200

2025

$42,598

$181,602

$224,200

Tax History

Year

Tax Paid

Assessed Value

2024

$4,375

$224,200

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Plaza Home Mortgage Inc

Conventional

$168,750

First

Feb 17, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$158,642

$93,358

37%

68%

$1,012/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,012/mo

+$528/mo

7.9%

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