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$138,000

18800 Egret Bay Boulevard 207, Houston, TX, 77058

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths976 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.39 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Instant Hot Water
FlooringWood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN1155910020008
SubdivisionTranquility Lake Condo
Land UseResidential
Legal DescriptionUNIT 207 BLDG B .67863 INT COMMON LAND & ELE TRANQUILITY LAKE CONDO
Census Tract341201
Assessed Land Value$26,317
Assessed Improvement Value$112,192
Assessment Year2025

About this property

Lake-area living, income potential & everyday convenience all come together in this stylish 2-bed, 2-bath condo in gated Tranquility Lake! A great fit for first-time buyers, investors, roommates, weekend getaways or short-term rental potential, this upgraded unit offers a smart layout in a high-demand location minutes from Clear Creek, NASA, Kemah-area fun, shopping, dining & I-45 for an easy Houston commute. Inside, enjoy laminate wood flooring throughout, a refreshed kitchen w/ modern finishes, a cozy breakfast nook & an open living area designed for relaxing or entertaining. The living room features a fireplace, dry bar & access to an oversized balcony that extends your space outdoors. Both bedrooms are comfortably sized w/ their own full baths, creating privacy for guests, tenants or shared living. Extra closet storage adds function, while the low-maintenance condo lifestyle keeps things simple. Whether you want a personal retreat or income-producing, this one is ready to impress!

Investor Tools

$59,128Estimated Mortgage Balance
$79,381Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$831 /month
Positive
Cash Flow Estimate:
$277 /month

Interested in this property?

Melissa Morales

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$383/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,038
$138,509
2025
$26,317
$112,192
$138,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,038
$138,509

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Parkside Lending Llc
N/A
$52,800
N/A
First
Apr 30, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,128
$79,381
57%
43%
$1,258/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,641/mo
$-171/mo
12.7%

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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18800 Egret Bay Boulevard 207 | Property Details | No Agent List