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$232,225

NAL Estimated Property Value

2314 Fairwind Drive, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,343 Sq Ft
price_per_sqft$166.05 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1982
Garage Spaces1

Land Information

APN1159110020005
SubdivisionSeafarer T/H Ph 3 U/R
Land UseResidential
Legal DescriptionUNIT 305 BLDG 1013 SEAFARER T/H PH 3 U/R
Census Tract340501
Assessed Land Value$50,450
Assessed Improvement Value$181,775
Assessment Year2025

About this property

Welcome to the popular community of Seafarer. The home features 2 bedrooms, 2 full bathrooms, and a half bath. Home consists of a private garage and backs up to the greenbelt/walking trail. The home features a new electrical box, AC & furnace, interior paint and stairs leading to the front door. The fence & deck were replaced in 2021. Carpet & padding for upstairs was completed in 2019.

Investor Tools

Property Icon
$232,225
Estimated Property Value
$204,763Estimated Mortgage Balance
$27,462Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,393 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,189
$232,225
2025
$50,450
$181,775
$232,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,189
$232,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$218,960
Yes
First
Nov 30, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,763
$27,462
11%
88%
$1,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,593/mo
$-286/mo
6.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2314 Fairwind Drive | Property Details | No Agent List