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Owner Contacts

$126,694

NAL Estimated Property Value

2323 Fairwind Drive 428, Houston, TX, 77062

Off Market

2 Beds

2 Bath

797 Sq Ft

Condos / Townhouses

$156.84 / sqft

Built in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1984

Land Information

APN1159130040003

SubdivisionThe Cloister Condo

Land UseResidential

Legal DescriptionUNIT 428 BLDG D 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

Centrally located in the heart of Clear Lake, Beautiful 2 bedroom, 2 bath condo. The unit is 797 sq/ft but the space has been utilized well. Split floor plan, great for roommates or kids. Balcony off of the living and primary bedroom with storage room. Wood burning fireplace. Appliances stay. Easy access to the sparkling pool. Water, sewer and trash included in the maintenance fee. Community Pool. Community is full of trees and nice landscaping. Prime location close to the University of Clear Lake, Minutes to LBJ Space Center, Armand Bayou, Ellington Field, NASA, Galveston, Baybrook Mall, Shopping, Dining & I-45. Schedule your private showing today!

Investor Tools

$126,694

Estimated Property Value

$0Estimated Mortgage Balance

$126,694Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$760 /month

Positive

Cash Flow Estimate:

$253 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$179/month

$365/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,516

$126,694

2025

$24,072

$102,622

$126,694

Tax History

Year

Tax Paid

Assessed Value

2024

$1,516

$126,694

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$126,694

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$365/mo

+$942/mo

12.4%

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