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Days39Days on Market
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$55,000

2818 S Bartell Dr Apt 29, Houston, TX, 77054

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths825 Sq Ft
price_per_sqft$66.67 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1982
Stories1

Land Information

APN1148050010022
SubdivisionHearthwood 2 Condo Ph 3
Land UseResidential
Legal DescriptionTH 29 BLDG A .36116 INT COMMON LAND & ELE HEARTHWOOD 2 CONDO PH 3
Census Tract314302
Assessed Land Value$9,359
Assessed Improvement Value$39,900
Assessment Year2025

About this property

It is time to Invest in an experience of living close to the freeways (610S, 1-10, Beltway 8 and 99.Close to night life, shopping,and entertainment venues, including the Practice site for the Astros. This great investment property is in need of repair, but once restored, it will be priceless. Don't let this one slip through your hands. Renovations on the complex are already underway. The second-floor balcony overlooks the complex, seconds from the pool area. A little TLC today, priceless potential tomorrow. Bring your vision and unlock incredible value. Minor updates, major return. Bring your imagination and personal touches to make this unit a home that can truly shine. AI enhancement used for primary bedroom, living room, dining and bathroom due to the condition of the unit. Room sizes and layout is correct. Decorations have been added to show a better use of Unit.

Investor Tools

$0Estimated Mortgage Balance
$59,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$354 /month
Positive
Cash Flow Estimate:
$118 /month

Interested in this property?

Thomas Fagen

Keller Williams Realty Professionals

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,087
$49,259
2025
$9,359
$39,900
$49,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,087
$49,259

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$59,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$500/mo
+$1,170/mo
34.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2818 S Bartell Dr Apt 29 | Property Details | No Agent List