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$172,000

NAL Estimated Property Value

1622 Good Day Drive Drive, Missouri City, TX, 77459

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,203 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$97.67 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

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 Range, Dryer, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces1

Land Information

APN5727-00-015-0040-907
SubdivisionPark Lake Condo
Land UseResidential
Legal DescriptionPARK LAKE CONDO, UNIT 4, BLDG 15, R/P
Census Tract671501
Assessed Land Value$36,400
Assessed Improvement Value$122,883
Assessment Year2025

About this property

Wonderful 2/2, 2-story lakeside & corner-unit w/ secure 2-car attached garage! Home features brand new carpet, new stainless steel kitchen appliances, washer and dryer, new roof, and a bonus office/formal dining! All bedrooms up...primary has a walk-in closet! Unit on corner next to plenty of guest parking spaces. Very convenient location, no yard maintenance & great amenities (tennis court, pool, and walking trail behind complex) offered!

Investor Tools

Property Icon
$172,000
Estimated Property Value
$100,465Estimated Mortgage Balance
$71,535Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,753
$159,283
2025
$36,400
$122,883
$159,283
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,753
$159,283

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$112,852
Yes
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,465
$71,535
41%
58%
$677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$967/mo
+$993/mo
13.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Missouri City

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1622 Good Day Drive Drive | Property Details | No Agent List