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$146,876

NAL Estimated Property Value

14777 Wunderlich Dr Apt 1208, Houston, TX, 77069

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,132 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$119.26 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer

Building Information

Year Built1982
Stories1

Land Information

APN1151280120008
SubdivisionWaterman Crossing Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 1208 BLDG L .0040 INT COMMON LAND & ELE WATERMAN CROSSING CONDO PH 1
Census Tract552901
Assessed Land Value$27,906
Assessed Improvement Value$118,970
Assessment Year2025

About this property

MOTIVATED SELLER!! Welcome to this beautifully updated 2-bedroom, 2-bath condo in the desirable Waterman Crossing Community! This inviting unit features high ceilings, a cozy fireplace, & a dining room with a stylish decorative mirror wall that enhances the unit’s natural light. The modern kitchen boasts granite countertops & stainless steel appliances. The primary bedroom offers a spacious walk-in closet, & there is tons of closet space throughout the unit. Enjoy the serene living area that opens to a fully screened-in, covered porch—perfect for relaxing & entertaining. Additional highlights include an assigned covered parking space, & the HOA takes care of the building’s exterior maintenance for added convenience. Community amenities include a swimming pool, 2 lighted tennis courts, & a clubhouse! Located close to a variety of stores, restaurants, schools, & medical facilities, this home offers both comfort & convenience. Refrigerator & washer/dryer are included.

Investor Tools

Property Icon
$146,876
Estimated Property Value
$127,024Estimated Mortgage Balance
$19,852Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$881 /month
Positive
Cash Flow Estimate:
$294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$389/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,449
$146,876
2025
$27,906
$118,970
$146,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,449
$146,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$130,099
Yes
First
Jan 3, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,024
$19,852
13%
86%
$781/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
$1,170/mo
+$270/mo
11.8%

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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14777 Wunderlich Dr Apt 1208 | Property Details | No Agent List