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$1,700,000

2675 Gessner Drive, Houston, TX, 77080

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,036 Sq Ft
price_per_sqft$1,640.93 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Dishwasher
FlooringCarpet

Building Information

Year Built1981
Stories1

Land Information

APN1148670010001
SubdivisionGessner T/H Condo
Land UseResidential
Legal DescriptionTH 101 BLDG A .04706 INT COMMON LAND & ELE GESSNER T/H CONDO
Census Tract521900
Assessed Land Value$20,696
Assessed Improvement Value$88,230
Assessment Year2025

About this property

10-unit property featuring 7 units with 2/2 and 3 units with 3/2 bedroom apartments for sale in the desirable Spring Branch neighborhood. These apartments feature a new and fresh timeless design, spacious living areas, and top-tier location. Perfect for investors looking for an updated property and a solid investment opportunity. Available Units: (7 Units) 2BD/2BA Apartments: Spacious and well-designed, ideal for or professionals looking for extra space. Size: 1,036 sq ft. (3 Units) 3BD/2BA Apartments: Perfect for growing families or those in need of more space, with oversized bedrooms and high-end finishes with vinyl wood floors and quartz countertops found throughout the units. Size: 1,271 sq ft. Apartment Features: New roofs throughout complex. New Exterior building paint. New parking lot striping. Newly done landscaping. Individual hot water heaters and HVAC systems. Stylish Kitchens: High-quality cabinetry, premium countertops, and energy-efficient appliances

Investor Tools

$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

Interested in this property?

John Nguyen

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$942
$108,926
2025
$20,696
$88,230
$108,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$942
$108,926

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$300/mo
+$1,422/mo
10.8%

City: Houston

2675 Gessner Drive | Property Details | No Agent List