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$282,000

NAL Estimated Property Value

2802 Morrison Street 106, Houston, TX, 77009

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$179.49 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Oven, Microwave, Electric Cooktop, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2014

Land Information

APN1331910010006
Land UseResidential
Legal DescriptionUNIT 106 FLR 1 .0279 INT COMMON LAND & ELE MORRISON MIDRISE CONDO AMEND
Census Tract510301
Assessed Land Value$51,379
Assessed Improvement Value$219,035
Assessment Year2025

About this property

(**MULTIPLE UNITS AVAILABLE, ASK ABOUT THEM!! **) Come see this spacious one-bedroom condo, with a study large enough to be a second bedroom. This building is nestled in the perfect location in the heart of the Heights! You will notice high end finishes throughout - with stainless steel appliances, travertine floors, under-mount sinks, frameless shower door, laundry in unit, crown molding, elegant chair rail trim, 10" ceilings, custom cabinetry, and granite counters. The list of beautiful upgrades goes on and on! You'll love the built-in shelving and drawers in the large walk-in closet! The large patio off the dining/kitchen boasts beautiful views of the Heights neighborhood. Building amenities include a dog park, fitness center (2nd floor), rooftop terrace (4th floor) perfect for grilling and entertaining, shared party/club room (3rd floor), gated entry and assigned parking. Ask about our virtual tour!!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$192,778Estimated Mortgage Balance
$89,222Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
$434/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,411
$270,414
2025
$51,379
$219,035
$270,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,411
$270,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$204,000
No
First
May 17, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,778
$89,222
31%
68%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,658/mo
$-563/mo
4.7%

City: Houston

2802 Morrison Street 106 | Property Details | No Agent List