Street View

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Owner Contacts

$240,510

1418 Gemini Street, Houston, TX, 77058

Off Market

3 Beds

2 Bath

1,614 Sq Ft

Condos / Townhouses

$139.41 / sqft

Built in 1984

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesMicrowave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer, Oven

FlooringCarpet, Tile, Wood

Building Information

Year Built1984

Stories2

Garage Spaces2

Land Information

APN1142250080003

SubdivisionUniversity Green

Land UseResidential

Legal DescriptionUNIT 3 TR 8 UNIVERSITY GREEN SEC 6

Census Tract341303

Assessed Land Value$43,850

Assessed Improvement Value$196,660

Assessment Year2025

About this property

Come check it out! Former Model Townhome for Village Builders in the quiet University Place community. Very well maintained 3 bedroom, 2 full baths with upstairs loft sitting area/office and spacious 2 car garage. This is a very livable floor plan! Model home quality amenities include custom oak trim work, paneling, & built ins. Wood, carpet, and tile flooring. Beautiful Kitchen fully updated in 2017 with all new appliances, Roof replaced 2020, All HVAC equipment and Garage Doors replaced in 2022. HVAC equipment has a 10 yr warranty Washer, Dryer and Refrigerator to stay, as well as all window treatments. Average Monthly Utilities: Electric $100- $125 Water & Trash $30 Gas $25 You will be mere minutes from schools, worship centers, award winning restaurants, grocery stores and retail shopping, as well as NASA Space Center, U of H Clear Lake, Exploration Green, UTMB Hyperbaric Chamber, and numerous area marinas and boating clubs. UTMB Galveston is only 40 minutes away.

Investor Tools

$240,510

Estimated Property Value

$0Estimated Mortgage Balance

$31,582Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,443 /month

Positive

Cash Flow Estimate:

$481 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$279/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,146

$240,510

2025

$43,850

$196,660

$240,510

Tax History

Year

Tax Paid

Assessed Value

2024

$2,146

$240,510

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$225,834

Yes

First

May 13, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$208,928

$31,582

13%

87%

$1,354/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,940/mo

$1,604/mo

+$336/mo

9.7%

Learn About the Market: Opportunity in Houston

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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.

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