B+

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Owner Contacts

$246,000

NAL Estimated Property Value

18021 Bal Harbour Dr, Houston, TX, 77058

Off Market

2 Beds

2 Bath

1,762 Sq Ft

Condos / Townhouses

$124.8 / sqft

Built in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size2,500 sqft

Building Information

Year Built1978

Stories2

Garage Spaces2

Land Information

APN1077680000021

Lot Number14

SubdivisionBal Harbour Cove R/P

Land UseResidential

Legal DescriptionLT 14 BLK 1 BAL HARBOUR COVE R/P

Census Tract341204

Assessed Land Value$62,500

Assessed Improvement Value$174,554

Assessment Year2025

About this property

Minutes from Johnson Space Center, excellent shopping, library and elementary school. Amenities include marina, tennis court, pool and clubhouse. No back neighbors, lots of area greenspace to walk a dog. Boat slip available at no extra charge. Never flooded. Completely remodeled in 2015! Replaced windows, sliding doors and interior doors. Retextured walls and ceilings. Crown molding. Ceramic tile on main floor and stairs. Updated fixtures, hardware and fireplace. Remodeled kitchen. White cabinets, SS and granite. Atrium off kitchen with breakfast area. Spacious living area with green view. Large closets and large walk-in in master! Carpet (new 2019) in bedrooms. Master bedroom up, 16’x14’ plus 9’x9’ study. Second bedroom down, 12’x11’ plus full bath. Outstanding tiled 12x13 covered back patio area with ceiling fan, tiled entry walk. Dimensions approximate. Move in ready - very nice!

Investor Tools

$246,000

Estimated Property Value

$0Estimated Mortgage Balance

$246,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,476 /month

Positive

Cash Flow Estimate:

$492 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$354/month

$385/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,018

$237,054

2025

$62,500

$174,554

$237,054

Tax History

Year

Tax Paid

Assessed Value

2024

$3,018

$237,054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$248,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,470/mo

$385/mo

+$1,085/mo

7.2%

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.

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