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$142,082

1715 Moritz Dr Apt 33, Houston, TX, 77055

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.17 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1969
Stories2

Land Information

APN1101800000005
SubdivisionMoritz Village
Land UseResidential
Legal DescriptionUNIT 33 BLDG E .0272 INT COMMON LAND & ELE MORITZ VILLAGE T/H CONDO
Census Tract520700
Assessed Land Value$26,996
Assessed Improvement Value$115,086
Assessment Year2025

About this property

Investor Special - this home needs to be completely remodeled including new flooring, fresh paint and ideally new countertops/cabinets and fixtures.. It is ready to go and can close fast. Unit has its own washer and dryer conveniently located on the second floor. Close to lots of new construction in the area, across the street from a soccer field. Walking distance to Valley Oaks Elementary, zoned to Memorial High School and conveniently located close to major highways.

Investor Tools

Property Icon
$142,082
Estimated Property Value
$125,000Estimated Mortgage Balance
$24,365Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,282
$142,082
2025
$26,996
$115,086
$142,082
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,282
$142,082

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frank Coffey Etal
Purchase Money Mortgage
$125,000
No
First
Mar 9, 2023
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,717
$24,365
17%
83%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$925/mo
+$382/mo
11.0%

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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