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$116,000

NAL Estimated Property Value

2224 S Piney Point Rd Apt 212, Houston, TX, 77063

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths611 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$196.4 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Building Information

Year Built1967
Stories1

Land Information

APN1092350000014
SubdivisionDeerwood Gardens Condo
Land UseResidential
Legal DescriptionUNIT 212 BLDG K .003340 INT COMMON LAND & ELE DEERWOOD GARDENS CONDO
Census Tract431102
Assessed Land Value$22,005
Assessed Improvement Value$93,812
Assessment Year2025

About this property

This cozy yet spacious, very private, 1-bdrm/1-bath condo is located in a leafy and serene neighborhood on the second floor of a gated community. All utilities are paid as part of the low HOA! An open and inviting living room is perfect for entertaining or simply relaxing after a long day. The living room opens to a kitchen with a pass through window, enhancing the seamless flow of space. The bedroom, with an ample walk-in closet, is a restful haven with a large window overlooking the manicured garden. A beautifully updated bathroom with marble countertops and mosaic floor invites you to unwind with a shower or bath. The condo complex and its lovely community pool is nestled in a peaceful neighborhood away from the hustle and bustle of city life. The quiet location affords easy access to major thoroughfares, including I-10, Beltway 8, and the Memorial areas. Life here is the perfect blend of comfort, convenience, and affordability, making it an ideal place to call home.

Investor Tools

Property Icon
$116,000
Estimated Property Value
$0Estimated Mortgage Balance
$116,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
$352/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$99
$115,817
2025
$22,005
$93,812
$115,817
No

Tax History

Year
Tax Paid
Assessed Value
2020
$99
$115,817

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,260/mo
$352/mo
+$908/mo
13.0%

City: Houston

2224 S Piney Point Rd Apt 212 | Property Details | No Agent List