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$121,000

NAL Estimated Property Value

2224 S Piney Point Rd Apt 116, Houston, TX, 77063

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths740 Sq Ft
price_per_sqft$1.76 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Building Information

Year Built1967
Stories1

Land Information

APN1092350000005
SubdivisionDeerwood Gardens Condo
Land UseResidential
Legal DescriptionUNIT 116 BLDG K .004010 INT COMMON LAND & ELE DEERWOOD GARDENS CONDO
Census Tract431102
Assessed Land Value$21,710
Assessed Improvement Value$92,552
Assessment Year2025

About this property

All bills PAID. Beautiful 1 bedroom 1 bath Condo in the quiet Memorial area. First floor includes microwave, electric stove, dishwasher, and stainless steel refrigerator. This complex is a gated community and has security cameras, pool access and a dog park. City living at it's finest!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,531
$114,262
2025
$21,710
$92,552
$114,262
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,531
$114,262

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$92,800
No
First
Mar 10, 2022
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,539
$44,461
34%
71%
$557/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,260/mo
$557/mo
+$703/mo
12.5%

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.

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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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