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$195,000

NAL Estimated Property Value

1500 Sandy Springs Rd Apt 21, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,482 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$111.34 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1980
Stories2
Garage Spaces1

Land Information

APN1076280030004
SubdivisionLakeside Park T/H Apts
Land UseResidential
Legal DescriptionUNIT 21 BLDG 3 .029411 INT COMMON LAND & ELE LAKESIDE PARK T/H APTS
Census Tract451100
Assessed Land Value$38,977
Assessed Improvement Value$156,023
Assessment Year2025

About this property

Looking for a good location with easy access to freeways , major stores and restaurants? Look no further ! This fully Renovated town home is located in the westchase area minutes from the Galleria. Kitchen was fully renovated from brand new customed cabinets to granite counter tops, brand new stainless steel appliances including stove, modern fridge, microwave and dishwasher. Modern faucet with an spacious island. Perfect for entertainment. 2.5 Bathrooms fully renovated from cabinets to granite counter tops. Fresh paint, brand new LED lights, engineer wood flooringin in the entire unit. Convenient parking right by the back door . Includes an spacious patio and a balcony in the second floor. This unit is Move in Ready!!

Investor Tools

Property Icon
$195,000
Estimated Property Value
$147,480Estimated Mortgage Balance
$47,520Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,877
$195,000
2025
$38,977
$156,023
$195,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,877
$195,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Cu
Conventional
$161,500
No
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,480
$47,520
24%
76%
$969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,424/mo
+$6/mo
8.8%

City: Houston

1500 Sandy Springs Rd Apt 21 | Property Details | No Agent List