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$143,000

NAL Estimated Property Value

1811 Stoney Brook Drive 101, Houston, TX, 77063

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths826 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.66 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dryer, Refrigerator, Dishwasher
FlooringTile

Building Information

Year Built1968

Land Information

APN1106310000007
SubdivisionStoney Brook T/H Condo
Land UseResidential
Legal DescriptionUNIT 86 BLDG K .007200 INT COMMON LAND & ELE STONEY BROOK T/H CONDO
Census Tract431204
Assessed Land Value$21,100
Assessed Improvement Value$89,951
Assessment Year2025

About this property

Very nice, very good condition, ground floor unit. Move in ready. Good closet space. End unit Many updates. No kids, no pets. Clean clean clean. Has not been a rental unit for the last 5 years. Refrigerator, washer and dryer included. Per Seller: New AC unit both inside and out in late 2023. Two space carport at the back door. One space, #21 is assigned, the other one is unassigned. Water, electricty, hot water, grounds, swimming pool, exterior maintenance, and building/structural insurance are covered by maintenance fee. Property located in the back of Briarbend at the end of Woodway and Stoneybrook. Killer location!!! The property flooded one time... during Harvey, per the previous owners. Per the previous owner the unit was professionally remediated after Harvey. No flooding before or since Harvey. Electrical panel box was updated in 2014. Two months paid HOA fees included.

Investor Tools

Property Icon
$143,000
Estimated Property Value
$69,332Estimated Mortgage Balance
$73,668Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$890 /month
Positive
Cash Flow Estimate:
$297 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,574
$111,051
2025
$21,100
$89,951
$111,051
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,574
$111,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ira 2435781
Purchase Money Mortgage
$83,000
No
First
Apr 12, 2018
Apr 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,332
$73,668
51%
48%
$498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,260/mo
$873/mo
+$387/mo
10.6%

City: Houston

1811 Stoney Brook Drive 101 | Property Details | No Agent List