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$234,475

NAL Estimated Property Value

1950 Augusta Drive, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,349 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$166.79 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size1,481 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1101060000030
Lot Number30
SubdivisionAugusta Village T/H
Land UseResidential
Legal DescriptionLT 30 BLDG 8 AUGUSTA VILLAGE T/H SEC 1 R/P
Census Tract431401
Assessed Land Value$81,400
Assessed Improvement Value$153,075
Assessment Year2025

About this property

Nestled quietly just steps away from Tanglewood, Augusta Village Townhouses offers a delightful two-story townhome awaiting new owners. This residence boasts two bedrooms, two baths, new AC, and the added benefit of no yard maintenance (courtesy of the HOA tending to the front yard). Designed with efficiency in mind, every inch of this home is utilized effectively. The primary bedroom features his and her closets and grants access to a bath complete with a granite counter and combined tub/shower. The spacious living room showcases a cozy fireplace and ample storage. Hosting a six-person dining table comfortably, the dining room offers plenty of space. Outside, lush landscaping surrounds a meticulously maintained area featuring a sparkling pool. Conveniently located for an easy commute to the Galleria, Medical Center, Downtown, City Center, and Memorial, this property is also zoned to Briargrove Elementary, adding to its allure.

Investor Tools

Property Icon
$234,475
Estimated Property Value
$201,380Estimated Mortgage Balance
$33,095Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,407 /month
Positive
Cash Flow Estimate:
$469 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$539/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,948
$234,475
2025
$81,400
$153,075
$234,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,948
$234,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$208,550
No
First
Jun 26, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,380
$33,095
14%
86%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,790/mo
$-250/mo
7.9%

City: Houston

1950 Augusta Drive | Property Details | No Agent List