NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$205,927

NAL Estimated Property Value

2230 S Piney Point Rd Apt 104, Houston, TX, 77063

Off Market

2 Beds

2 Bath

1,052 Sq Ft

Condos / Townhouses

$1.66 / sqft

Built in 1967

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile

Building Information

Year Built1967

Stories1

Land Information

APN1092420000004

SubdivisionDeerwood Gardens Condo

Land UseResidential

Legal DescriptionUNIT 104 BLDG Q .005490 INT COMMON LAND & ELE DEERWOOD GARDENS CONDO

Census Tract431102

Assessed Land Value$39,126

Assessed Improvement Value$166,801

Assessment Year2025

About this property

Premier location bordered by mature landscape in sought-after Piney Point/Memorial area. Spacious ground floor unit with two assigned parking spaces. Nicely updated 2 bedroom 2 baths with porcelain tile floors throughout. Generously sized primary bedroom with ensuite bath, and lots of closet space. Refrigerator, washer and dryer included. Lovely patio area for your morning coffee. Additional storage space included. Updates include 2023 dishwasher, new HVAC, 2021; new microwave, and new commode. Utilities are included in the rent. Gated community with a nice clubhouse and pool. Convenient access to businesses, hospitals, shopping, and restaurants. All per Seller

Investor Tools

$205,927

Estimated Property Value

$107,473Estimated Mortgage Balance

$98,454Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,236 /month

Positive

Cash Flow Estimate:

$412 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$417/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,970

$205,927

2025

$39,126

$166,801

$205,927

Tax History

Year

Tax Paid

Assessed Value

2024

$3,970

$205,927

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$123,000

First

Dec 6, 2019

Jan 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$107,473

$98,454

47%

52%

$738/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,500/mo

$738/mo

+$762/mo

8.7%

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