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$89,900

1403 Blalock Rd Apt 5, Houston, TX, 77055

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,276 Sq Ft
price_per_sqft$70.45 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Building Information

Year Built1967
Stories2

Land Information

APN0992360010005
SubdivisionCedar Post T/H Condo
Land UseResidential
Legal DescriptionUNIT A5 BLDG A 1/18 INT COMMON LAND & ELE CEDAR POST T/H CONDO
Census Tract522301
Assessed Land Value$22,800
Assessed Improvement Value$97,200
Assessment Year2025

About this property

Great investment opportunity! This property offers solid rental potential and is priced to sell quickly. The unit is in overall good condition and primarily needs cleaning and minor cosmetic updates to make it rent-ready or add your own personal touches. A great option for investors looking to add an affordable rental property to their portfolio or buyers seeking value with room for improvement. Convenient Houston location with easy access to major roads, shopping, dining, and employment centers. Property is being sold as-is and priced accordingly. Don't miss this opportunity!

Investor Tools

$0Estimated Mortgage Balance
$120,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

Interested in this property?

Danny Santos

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,353
$120,000
2025
$22,800
$97,200
$120,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,353
$120,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$158,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$125/mo
+$1,182/mo
13.1%

City: Houston