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$220,000

2940 Windchase Blvd # 8, Houston, TX, 77082

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,053 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size3,903 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1141220110007
SubdivisionWestwind T/H
Land UseResidential
Legal DescriptionUNIT 87 BLDG 8 WESTWIND T/H SEC 2
Census Tract451700
Assessed Land Value$38,709
Assessed Improvement Value$168,310
Assessment Year2025

About this property

An absolute dream rental property! Everything has been renovated top to bottom to be sleek, clean, and modern. You will be the first tenant to dip your toes in the plush new carpeting and soak in the new stylishly tiled bath tubs. This place has space galore with oversized bedrooms, a studio off the master, two living spaces (one with a cozy fireplace), and two dining areas. There's a cute patio area begging for some pandemic gardening and an oversized 2 car garage. Easy access to Westheimer and HWY 6. Do not hesitate to check this one out! Pictures speak for themselves!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$84,800Estimated Mortgage Balance
$144,051Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,631
$207,019
2025
$38,709
$168,310
$207,019
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,631
$207,019

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Heritage Cu
Conventional
$84,800
No
First
Dec 15, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,949
$153,051
66%
35%
$509/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$509/mo
+$1,451/mo
10.7%

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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2940 Windchase Blvd # 8 | Property Details | No Agent List