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$153,000

NAL Estimated Property Value

2323 Fairwind Dr Apt 541, Houston, TX, 77062

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths966 Sq Ft
price_per_sqft$98.34 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesStorage

Building Information

Year Built1984

Land Information

APN1159130050004
SubdivisionThe Cloister Condo
Land UseResidential
Legal DescriptionUNIT 541 BLDG E 1.16250 INT COMMON LAND & ELE THE CLOISTER CONDO
Census Tract340501
Assessed Land Value$22,075
Assessed Improvement Value$94,110
Assessment Year2025

About this property

This charming 1 bed and 1.5 bath condo is located in a quiet and gated community. As you step inside, you will be greeted by an open layout that seamlessly connects the living room, dining area and kitchen. The living room is the heart of the home, featuring a high ceiling and a wood-burning fireplace, perfect for cozy evenings. Upstairs include a spacious and private bedroom with walk in closet and a full bathroom for personal use. The home also comes with 2 assigned parking, a storage room and fenced patio. Don’t miss out on this and schedule for a private showing today!

Investor Tools

Property Icon
$153,000
Estimated Property Value
$0Estimated Mortgage Balance
$153,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$918 /month
Positive
Cash Flow Estimate:
$306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,390
$116,185
2025
$22,075
$94,110
$116,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,390
$116,185

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$130,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$363/mo
+$732/mo
8.6%

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 541 | Property Details | No Agent List