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$120,000

NAL Estimated Property Value

2323 Fairwind Dr Apt 212, Houston, TX, 77062

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths704 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$151.99 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1159130020005
SubdivisionThe Cloister Condo
Land UseResidential
Legal Description1.08405 INT COMMON LAND & ELE THE CLOISTER CONDO
Census Tract340501
Assessed Land Value$21,422
Assessed Improvement Value$91,323
Assessment Year2025

About this property

Feel at home in this well-placed, energy-efficient, 1-2 bedroom condominium in Clear Lake, within the highly desirable Clear Creek School District. Conveniently located for easy access to Houston, Galveston, and Kemah. The primary bedroom features lofty ceilings and abundant natural light, along with an extra room suitable for use as an office, study, or second bedroom. The open living area boasts high ceilings, a fireplace, and a balcony for a tranquil end to your day. Beat the summer heat by cooling off in the community pool and enjoy relaxation in its inviting surroundings. *All information deemed reliable, but not guaranteed, buyer to verify.

Investor Tools

Property Icon
$120,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$348/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,139
$112,745
2025
$21,422
$91,323
$112,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,139
$112,745

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$119,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$348/mo
+$747/mo
10.9%

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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2323 Fairwind Dr Apt 212 | Property Details | No Agent List