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$180,000

1565 Bonanza Rd # 1565, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,296 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate, Tile

Building Information

Year Built1974
Stories2
Garage Spaces1

Land Information

APN0962770010071
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTR 1565 BLDG 10 RESEDA T/H U/R CLEAR LAKE CITY SEC 1
Census Tract340502
Assessed Land Value$32,738
Assessed Improvement Value$139,568
Assessment Year2025

About this property

Welcome to this charming townhouse. These 3 bedrooms and 2.5 bathroom home features a living room with fireplace with tile flooring that look like wood, recessed lighting throughout the home, ceiling fans, 2" blinds, good size dining room, granite breakfast bar and granite countertop, stainless steel appliances. Up Stairs has laminated flooring, two bathrooms. Refrigerator, washer and dryer is included Not far from I45- minutes away from Houston Space Center, restaurants and shopping center. Schedule your view today.

Investor Tools

Property Icon
$180,000
Estimated Property Value
$77,500Estimated Mortgage Balance
$125,298Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,080 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,049
$172,306
2025
$32,738
$139,568
$172,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,049
$172,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Area Cu
Unknown
$77,500
No
First
May 25, 2013
May 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,889
$120,111
68%
30%
$465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$465/mo
+$1,257/mo
11.5%

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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1565 Bonanza Rd # 1565 | Property Details | No Agent List