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$270,000

1687 W Sam Houston Pkwy S, TX, 77042

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,840 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$146.74 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Lot Size1,547 sqft

Building Information

Year Built1975
Stories2

Land Information

APN1052280000001
Lot Number1
SubdivisionTown & Country Townhomes R/P
Land UseResidential
Legal DescriptionLT 1 BLK 18 TOWN & COUNTRY T/H SEC 1 R/P
Census Tract431001
Assessed Land Value$65,000
Assessed Improvement Value$140,188
Assessment Year2025

About this property

Beautifully maintained and freshly painted townhome located in a gated community just off Beltway 8, with convenient access to I-10, Memorial City Mall, CityCentre, shopping, dining, and entertainment. This spacious floor plan features 3 bedrooms, updated bathrooms, and all-new double-pane windows. The kitchen offers granite countertops, new cabinets, and an open layout that flows seamlessly into the living room and private patio, creating a great space for everyday living and entertaining. The home also includes 2 covered parking spaces, and residents enjoy access to community amenities including a pool, tennis court, playground, and more. With its excellent location, thoughtful updates, and desirable amenities, this is a home you won’t want to miss—schedule your showing today!

Investor Tools

$123,723Estimated Mortgage Balance
$84,277Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Rayan Ismail

Levitate Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,426
$205,188
2025
$65,000
$140,188
$205,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,426
$205,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spectrum Cu
Conventional
$141,000
No
First
May 26, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,723
$84,277
40%
59%
$846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,216/mo
+$664/mo
10.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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1687 W Sam Houston Pkwy S | Property Details | No Agent List