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Owner Contacts

$162,865

NAL Estimated Property Value

2277 S Kirkwood Rd Apt 1102, Houston, TX, 77077

Off Market

2 Beds

2 Bath

1,155 Sq Ft

Condos / Townhouses

$138.44 / sqft

Built in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Washer/Dryer

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1982

Stories1

Garage Spaces1

Land Information

APN1153690010016

SubdivisionOaks On Kirkwood Condo

Land UseResidential

Legal DescriptionUNIT 1102 BLDG 1 .009980 INT COMMON LAND & ELE OAKS ON KIRKWOOD CONDO

Census Tract451003

Assessed Land Value$30,944

Assessed Improvement Value$131,921

Assessment Year2025

About this property

Recently updated Condo in the gated community of Oaks on Kirkwood Condo's. The condo has a gated shared courtyard with first floor entry to the second story unit. Interior paint was done in 2023. The dining room has luxury vinyl flooring installed 2023 with the family room having freshly installed carpet in 2023. Kitchen has dual sided SS sink electric range and undermount microwave. The laundry room is in the kitchen with washer/dryer hookups. The primary bedroom has recently installed carpet 2023, En suite bath with dual sinks, knee space vanity, large closet and separate water closet with an oversized tub and shower. On the other side of the dining room is the secondary bedroom with large windows, large closet and lots of natural light. The secondary bathroom is off the hallway of the secondary bedroom with single sink vanity and tub shower combo. The patio overlooks the complex and greenspace with walking trails.

Investor Tools

$162,865

Estimated Property Value

$108,649Estimated Mortgage Balance

$54,216Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$977 /month

Positive

Cash Flow Estimate:

$326 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$361/month

$380/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,514

$162,865

2025

$30,944

$131,921

$162,865

Tax History

Year

Tax Paid

Assessed Value

2024

$3,514

$162,865

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Allied Mortgage Group Inc

Conventional

$113,250

First

Feb 26, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$108,649

$54,216

33%

67%

$679/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$1,059/mo

+$631/mo

12.5%

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