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Owner Contacts

$130,755

NAL Estimated Property Value

2425 Underwood St Apt 150, Houston, TX, 77030

Off Market

1 Beds

1 Bath

925 Sq Ft

$145.84 / sqft

Built in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

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

FlooringTile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1977

Stories1

Land Information

APN1117080000037

SubdivisionBrentwood Condo

Land UseResidential

Legal DescriptionUNIT 150 BLDG D .312% INT COMMON ELE BRENTWOOD CONDO

Census Tract413206

Assessed Land Value$24,843

Assessed Improvement Value$105,912

Assessment Year2025

About this property

Welcome to 2425 Underwood #150! This spacious 1 bedroom, 1 full bathroom condo features an open living and dining area that seamlessly extends to a lovely patio. The unit includes a utility closet with a full-sized washer and dryer, and the primary suite boasts a double walk-in closet. Conveniently located just minutes from the Medical Center, Rice University, Museum District, and Rice Village. Convenient to hike and bike trails along Braes Bayou. HOA covers water, sewer, trash, exterior building (brand new metal roof with a lifetime warranty installed) & flood insurance, exterior maintenance & AC units (AC replacement and provides filters monthly). Complex offers two pools, two bbq areas, courtesy officer, an exercise room, club house, a gatehouse for package delivery & covered parking. The unit offers 1 assigned covered parking space (#192) & 1 storage unit (#150).

Investor Tools

$130,755

Estimated Property Value

$113,875Estimated Mortgage Balance

$16,880Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$809 /month

Positive

Cash Flow Estimate:

$270 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$97/month

$506/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$507

$130,755

2025

$24,843

$105,912

$130,755

Tax History

Year

Tax Paid

Assessed Value

2020

$507

$130,755

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$114,750

First

Jul 21, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$113,875

$16,880

12%

87%

$803/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,480/mo

$1,309/mo

+$171/mo

13.6%

Learn About the Market: Opportunity in Houston

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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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