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$123,000

NAL Estimated Property Value

2824 Briarhurst Dr Apt 5, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,023 Sq Ft
price_per_sqft$122.09 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN1145000030005
SubdivisionNantucket Condo
Land UseResidential
Legal DescriptionUNIT 5 BLDG C .016920 INT COMMON LAND & ELE NANTUCKET CONDO
Census Tract432005
Assessed Land Value$19,854
Assessed Improvement Value$84,643
Assessment Year2025

About this property

Welcome your move-in ready home, a 2 bedroom 2 bath condo at Galleria area! The good shape unit is in a secure gated community! Tile floor is in the living, kitchen and bathrooms. Located just minutes from the Galleria mall and two major freeways, you'll find this home nestled at the center of convenience. Your new home comes with an assigned carport within the gates and plenty of extra parking spaces available via the street. New AC and washer/dryer were installed recently. Own for less than rent!

Investor Tools

Property Icon
$123,000
Estimated Property Value
$94,150Estimated Mortgage Balance
$28,850Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,218
$104,497
2025
$19,854
$84,643
$104,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,218
$104,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu
Conventional
$104,500
No
First
Mar 31, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,150
$34,850
27%
77%
$627/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$962/mo
+$578/mo
15.0%

Learn About the Market: Opportunity in Houston

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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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2824 Briarhurst Dr Apt 5 | Property Details | No Agent List