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$419,000

NAL Estimated Property Value

150 Gessner Rd Unit 5a, Houston, TX, 77024

$474,028 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,882 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$199.26 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesPlayground, Dog Run, Balcony

Building Information

Year Built1983

Land Information

APN1161350050001
SubdivisionTealstone Condo 5th Amend
Land UseResidential
Legal DescriptionUNIT 5A 1.5903 INT COMMON LAND & ELE TEALSTONE CONDO 5TH AMEND
Census Tract430900
Assessed Land Value$76,979
Assessed Improvement Value$328,175
Assessment Year2025

About this property

Welcome to The Tealstone – a prestigious high-rise condominium in the heart of Memorial. This elegant 2-bedroom, 2.5-bath residence on the 5th floor offers breathtaking views of South Memorial and the sparkling pool, framed by floor-to-ceiling windows and spacious balconies. A thoughtfully designed, unique floor plan makes this home a rare find, recently refreshed with neutral paint for a timeless, move-in ready appeal. The Tealstone provides residents with luxury amenities and peace of mind, including a beautifully renovated pool deck, gas backup generator, well-equipped exercise room, and the security of a 24-hour concierge service. Perfectly situated near Memorial City, CityCentre, and premier dining and shopping, this residence offers convenience and elegance for full-time living. Plus, its location in a non-flood zone ensures added confidence in your investment.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$0Estimated Mortgage Balance
$419,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$474,028
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$1,805/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$913
$405,154
2025
$76,979
$328,175
$405,154
No

Tax History

Year
Tax Paid
Assessed Value
2024
$913
$405,154

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,805/mo
+$105/mo
5.5%

City: Houston

150 Gessner Rd Unit 5a | Property Details | No Agent List