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$169,000

NAL Estimated Property Value

14020 Schroeder Rd Apt 118, Houston, TX, 77070

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,029 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.79 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Building Information

Year Built1984
Garage Spaces1

Land Information

APN1160900040007
SubdivisionWillow Wood Villas
Land UseResidential
Legal DescriptionUNIT 118 BLDG 4 1.3875% INT COMMON LAND & ELE WILLOW WOOD VILLAS
Census Tract552702
Assessed Land Value$33,320
Assessed Improvement Value$124,694
Assessment Year2025

About this property

Welcome to this beautifully updated 2-bedroom, 2-bathroom townhome! The one-car garage features a sleek epoxy-coated floor for durability and style. Upon entering, you are welcomed into the living room with new carpet, built-in shelving, a cozy fireplace, and large windows that fill the space with natural light. The dining area seamlessly connects the kitchen and living space, with a door leading to the private yard. The kitchen, though compact, offers ample storage, a brand-new refrigerator, and a new dishwasher. The primary bedroom boasts an ensuite bath, a walk-in closet, and private access to the yard, while the secondary bathroom has been updated with new tile, a new door, and a walk-in shower. A dedicated laundry room comes equipped with a washer and dryer. Recent upgrades include fresh interior paint, new double-pane windows, updated bathroom mirrors, 12 inches of new blown insulation, new carpet, and turf in the back patio. The A/C system has been serviced for maintenance.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$49,045Estimated Mortgage Balance
$119,955Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,298
$158,014
2025
$33,320
$124,694
$158,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,298
$158,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$50,000
No
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,045
$127,955
72%
29%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$550/mo
+$1,060/mo
11.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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14020 Schroeder Rd Apt 118 | Property Details | No Agent List