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$168,000

NAL Estimated Property Value

18114 Heritage Ln # 8114, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,280 Sq Ft
price_per_sqft$116.02 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Free-Standing Range, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1061390000031
SubdivisionHeritage T/H Condo
Land UseResidential
Legal DescriptionTH 8 BLDG F HERITAGE T/H CONDO
Census Tract341204
Assessed Land Value$27,896
Assessed Improvement Value$118,923
Assessment Year2025

About this property

This lovely Condo is located in beautiful Nassau Bay and comes with a membership in and all the perks of the Nassau Bay Homes Association. Centrally located to Houston and Galveston with easy access to the I-45 Freeway and Beltway 8. Convenient to NASA Johnson Space Center and Space Center Houston as well as the University of Houston Clear Lake. Close proximity for shopping, dining, Clear Lake for water activities, and parks for weekend fun to cover all your recreational needs. This two bedroom, 2.5 bath Condo has been freshly painted, wood tile flooring on the first floor and recently upgraded carpet on the second floor. The home has ceiling fans throughout, and a private outdoor patio. Condo has two covered parking spaces and additional street parking.

Investor Tools

Property Icon
$168,000
Estimated Property Value
$125,362Estimated Mortgage Balance
$168,000Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,973
$146,819
2025
$27,896
$118,923
$146,819
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,973
$146,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$128,000
No
First
Mar 4, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,362
$28,638
18%
75%
$768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,148/mo
+$322/mo
10.5%

City: Houston