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$279,000

NAL Estimated Property Value

1502 Sandy Runn, Houston, TX, 77090

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,993 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.4 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size4,761 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1077620040003
SubdivisionRoundhill Of Cypress Station
Land UseResidential
Legal DescriptionTR 57 ROUNDHILL OF CYPRESS STATION
Census Tract553300
Assessed Land Value$14,283
Assessed Improvement Value$173,735
Assessment Year2025

About this property

CONTEMPORARY HOME IN GREAT LOCATION NEAR FM1960 & I-45 READY FOR MOVE-IN. LARGE 3 BEDROOM 2.5 BATH, TWO CAR GARAGE, W/EXTRA STORAGE-GREAT VIEWS OF OUTSIDE, HIGH CEILINGS AND BIG WINDOWS MAKES THIS HOME LIGHT & BRIGHT. LARGE KITCHEN WITH LOADS OF CABINETS , LOCATED IN THE SPRING ISD. SCHOOL DISTRICT AND WITHIN MINUTES OF NORTHWEST HOSPITAL AND ALL OF THAT FM1960 SHOPPING.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$231,163Estimated Mortgage Balance
$47,837Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,086
$188,018
2025
$14,283
$173,735
$188,018
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,086
$188,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$237,500
No
First
Nov 21, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,163
$47,837
17%
83%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,424/mo
+$366/mo
7.7%

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.

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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1502 Sandy Runn | Property Details | No Agent List