Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$312,000

NAL Estimated Property Value

2224 S Piney Point Rd Apt 218, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,726 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.92 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1967
Stories1

Land Information

APN1092360000005
SubdivisionDeerwood Gardens Condo
Land UseResidential
Legal DescriptionUNITS 218 & 219 BLDG K .00894 INT COMMON LAND & ELE DEERWOOD GARDENS CONDO
Census Tract431102
Assessed Land Value$41,701
Assessed Improvement Value$177,780
Assessment Year2025

About this property

Discover this exceptional 2-bedroom, 2-bath condo at Deerwood Gardens, perfectly situated just minutes from Piney Pointe Village and The Galleria. This spacious unit boasts one of the largest layouts on the property, offering an open-concept kitchen that seamlessly flows into the living room, complete with elegant French doors leading to a private balcony. The kitchen is a chef's dream, featuring luxurious granite countertops, sleek walnut wood flooring with stylish marble tile accents, and stunning Calcutta backsplashes. A dedicated utility room adds to the convenience of this well-appointed space. This unit can also be converted back to two units easily and the new owner can live in one side and rent out the other. ALL BILLS PAID!! Insurance, water, electricity, and cable are included in the HOA fee. This unit also comes with two storage units and two assigned parking spots, making it the perfect blend of comfort and practicality.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$147,124Estimated Mortgage Balance
$164,876Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
$1,018/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,735
$219,481
2025
$41,701
$177,780
$219,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,735
$219,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Bank
Open End Mortgage / Open End With Future Advance Clause
$20,000
No
First
Aug 14, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,124
$164,876
52%
47%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$2,035/mo
$-535/mo
5.8%

City: Houston

2224 S Piney Point Rd Apt 218 | Property Details | No Agent List