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$989,000

NAL Estimated Property Value

2123 Banks St, Houston, TX, 77098

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,432 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$233.96 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,524 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN0600680110015
SubdivisionChevy Chase
Land UseResidential
Legal DescriptionTRS 13A & 14A BLK 10 CHEVY CHASE
Census Tract411901
Assessed Land Value$317,250
Assessed Improvement Value$264,312
Assessment Year2025

About this property

Location, location! Boulevard Oaks/Chevy Chase area off Shepherd. Well maintained traditional 2 story 3 bedroom 2.5 bath townhome with first floor living on a 3525 SqFt lot. No HOA. Front-loading 2 car attached garage with additional driveway parking. Spacious 1st floor includes a living room with fireplace, dining room, breakfast room, kitchen, large closet, powder room & utility room. Back patio has been professionally landscaped. Wonderful for entertaining, grilling & spending time with family. 2nd floor features a massive primary bedroom with a private balcony and plenty of space for another sitting or exercise area. Primary en suite bath features Jacuzzi tub, separate shower, double sinks & large walk-in closet. Nice size secondary bedrooms & additional upstairs living space with built-ins. See list of Seller Improvements for more details including new 5-ton 13 Seer HVAC (July ’21), interior paint (Sept ’21), & refinished 1st-floor parquet hardwoods (Sept ’21).

Investor Tools

Property Icon
$989,000
Estimated Property Value
$117,777Estimated Mortgage Balance
$871,223Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,775
$581,562
2025
$317,250
$264,312
$581,562
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,775
$581,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Communitybank Of Texas Na
Building Or Construction Loan
$152,000
No
First
Nov 1, 2015
Nov 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,777
$825,223
87%
12%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$912/mo
+$1,668/mo
3.1%

City: Houston

2123 Banks St | Property Details | No Agent List