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$222,996

1422 Gemini Street 5, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,125 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.78 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN1142250080005
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionUNIT 5 TR 8 UNIVERSITY GREEN SEC 6
Census Tract341303
Assessed Land Value$43,850
Assessed Improvement Value$179,146
Assessment Year2025

About this property

Beautifully remodeled corner lot townhome located in the heart of Clear Lake that offers quick access to I45, scenic trails, & the sought-after Clear Lake ISD. Once inside you are welcomed by an open concept layout offering TONS of natural light, decorative lighting, soaring ceilings, & lux wood-look tile flooring. The spacious living room includes a gas fireplace, French doors to the backyard & leads to the dining room & an updated kitchen w/ granite counters, a NEW sink/faucet, serving bar, pantry & ample cabinet storage. The primary bedroom offers high ceilings, & an en-suite bath w/ double sinks, a modern shower, & a walk-in closet. Head upstairs and find the perfect flex space for a home office, game room, craft, or 2nd bedroom w/ a full bath & closet. Lastly, check out the cozy fenced backyard perfect for grilling. This home won't last long! Book your showing today!!

Investor Tools

Property Icon
$222,996
Estimated Property Value
$0Estimated Mortgage Balance
$70,447Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,409
$222,996
2025
$43,850
$179,146
$222,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,409
$222,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$164,000
No
First
Aug 8, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,549
$70,447
31%
68%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,219/mo
+$251/mo
7.9%

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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1422 Gemini Street 5 | Property Details | No Agent List