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$262,762

NAL Estimated Property Value

2323 Augusta Dr Apt 5, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,875 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesBalcony, Playground

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1091550000005
SubdivisionChelsea Place T/H Condo
Land UseResidential
Legal DescriptionUNIT 5 BLDG A .025000 INT COMMON LAND & ELE CHELSEA PLACE T/H CONDO
Census Tract431404
Assessed Land Value$49,925
Assessed Improvement Value$212,837
Assessment Year2025

About this property

Quiet townhome located in The Galleria area! This lovely home offers an abundance of natural light, high ceilings, 2 bedrooms, 2 full bathroom and 1 half bathroom downstairs + attached 2-car garage. Upgrades to this home include fresh paint, flooring, and updated appliances. Water, trash & sewer are included in the monthly rent. Deep freezer in the garage will stay with the home. Location is everything and this home is within proximity to popular restaurants, shopping centers, dog parks, and other great amenities. Perfect opportunity to lease in a great area. All info per Landlord.

Investor Tools

Property Icon
$262,762
Estimated Property Value
$249,925Estimated Mortgage Balance
$12,837Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,577 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,627
$262,762
2025
$49,925
$212,837
$262,762
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,627
$262,762

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$251,750
No
First
Dec 30, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,925
$12,837
4%
95%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,510/mo
+$520/mo
9.3%

Learn About the Market: Opportunity in Houston

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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.

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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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2323 Augusta Dr Apt 5 | Property Details | No Agent List