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$138,000

NAL Estimated Property Value

2323 Fairwind Dr Apt 753, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths797 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1984

Land Information

APN1159130070004
SubdivisionThe Cloister Condo
Land UseResidential
Legal DescriptionUNIT 753 BLDG G 1.41450 INT COMMON LAND & ELE THE CLOISTER CONDO
Census Tract340501
Assessed Land Value$24,072
Assessed Improvement Value$102,622
Assessment Year2025

About this property

Ground level unit with green area front & back. Front and back entrance offer covered area with the back having a private covered patio w/gate & storage room opening to courtyard leading to mail room. Just across Fairwind is one of many sections of Exploration Green. Seller updates since purchase - windows, solid surface Pergo type flooring, bedroom carpet, HVAC system, electric control panel, whole house surge protector, washer/dryer, dishwasher & some lighting. Primary suite smartly located at the back of the unit away from carport parking. One assigned covered parking space & one assigned uncovered parking space just out the front door. High ceilings lend for a more spacious atmosphere, plants are very happy on the covered back patio where they seem to get just the right amount of sunlight and shade. Within 3 to 10 minutes to numerous grocery stores, Ace hardware, restaurants, and all kinds of other necessary businesses.

Investor Tools

Property Icon
$138,000
Estimated Property Value
$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
$401/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$126,694
2025
$24,072
$102,622
$126,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$126,694

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$135,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$401/mo
+$906/mo
11.4%

City: Houston

2323 Fairwind Dr Apt 753 | Property Details | No Agent List