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$172,000

NAL Estimated Property Value

2255 Braeswood Park Drive 116, Houston, TX, 77030

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,096 Sq Ft
price_per_sqft$177.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN1274410000016
SubdivisionBraeswood Park
Land UseResidential
Legal DescriptionUNIT 116 .0045 INT COMMON LAND & ELE BRAESWOOD PARK CONDO
Census Tract314402
Assessed Land Value$30,622
Assessed Improvement Value$130,545
Assessment Year2025

About this property

Must See! Virtual tour available. 2nd Level Living Home with 2 bedroom 2 bathroom and Big Balcony at Gated Community! Beautiful Floor Plan. Kitchen with Custom Cabinets! A lot of Windows invite fresh air/natural light in. Pet-Friendly Gated community. Amenities include Pool, Fitness Room, and Clubhouse. Walking distance to public transportation, Kroger, many restaurants and NRG stadium. Minutes drive to Rice University and Texas Medical Center. Zoned to acclaimed Roberts Elementary School and Bellaire High school. Call for today.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$116,137Estimated Mortgage Balance
$55,863Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,975
$161,167
2025
$30,622
$130,545
$161,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,975
$161,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$117,455
No
First
Jun 2, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,137
$55,863
32%
68%
$705/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,120/mo
+$650/mo
12.3%

City: Houston

2255 Braeswood Park Drive 116 | Property Details | No Agent List