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$181,000

NAL Estimated Property Value

2255 Braeswood Park Drive 319, Houston, TX, 77030

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

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile

Building Information

Year Built1983

Land Information

APN1274410000219
SubdivisionBraeswood Park
Land UseResidential
Legal DescriptionUNIT 319 .0045 INT COMMON LAND & ELE BRAESWOOD PARK CONDO
Census Tract314402
Assessed Land Value$32,865
Assessed Improvement Value$140,110
Assessment Year2025

About this property

Updated move-in ready, spacious ground floor 2 bedroom and 1 bath condo is located in the highly desired Braeswood Park gated community conveniently located near the Texas Medical Center. Features include abundant natural light, new interior paint throughout, new wood plank tile floors in the expansive living room, dining room and both bedrooms, galley kitchen with granite countertops, abundant storage, breakfast room, and spacious primary bedroom with study nook and walk-in closet. The refrigerator, stackable washer and dryer remain with the property. The community boasts a club house, pool, gym, and 24- hour security. Just a short walk to light rail through back gate of the community. In addition, you’ll love the close proximity to Kroger and Target across the street from the community, NRG stadium, Rice Village, Herman Park, the Museum District, and Downtown.

Investor Tools

Property Icon
$181,000
Estimated Property Value
$149,435Estimated Mortgage Balance
$31,565Estimated Equity
17% 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
$411/month
$454/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,021
$172,975
2025
$32,865
$140,110
$172,975
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,021
$172,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$156,800
No
First
Oct 5, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,435
$31,565
17%
83%
$941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,395/mo
+$85/mo
9.8%

City: Houston

2255 Braeswood Park Drive 319 | Property Details | No Agent List