B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$297,740

NAL Estimated Property Value

3008 Gessner Rd, Houston, TX, 77080

Off Market

4 Beds

3 Bath

2,170 Sq Ft

Condos / Townhouses

$131.34 / sqft

Built in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer

FlooringVinyl

Exterior

Exterior FeaturesBalcony

Lot Size2,840 sqft

Building Information

Year Built1972

Stories2

Garage Spaces2

Land Information

APN1031150000040

Lot Number39,40

SubdivisionSpring Shadows T/H

Land UseResidential

Legal DescriptionTRS 39B & 40 E 2.87 FT OF LT 39 & LT 40 LESS 336 SQ FT SPRING SHADOWS T/H SEC 1

Census Tract522001

Assessed Land Value$86,904

Assessed Improvement Value$210,836

Assessment Year2025

About this property

Located in a prime location Spring Branch/Energy Corridor. Very close to Beltway 8, I-10/Katy Fwy., Memorial City Mall, 14 miles from Downtown. Nearby shopping and restaurants. Fully remodeled beautiful 4 bedroom 2 1/2 bath T/H. New floors, white luxury quartz countertops, new paint throughout, new fixtures and hardware. Private outdoor sitting area/retreat along with small backyard and covered patio, two car garage and wood burning fireplace. Private access community pool and tennis courts with clubhouse. Great community for families. Maintenance fee includes painting of the exterior and grounds keeping and back fences. Roof was replaced in 2021 per previous owner. HVAC was replaced in 2019 per previous owner. It’s a must see!

Investor Tools

$297,740

Estimated Property Value

$239,357Estimated Mortgage Balance

$58,383Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,786 /month

Positive

Cash Flow Estimate:

$595 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$396/month

$3,700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,262

$297,740

2025

$86,904

$210,836

$297,740

Tax History

Year

Tax Paid

Assessed Value

2024

$3,262

$297,740

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$252,000

First

Aug 11, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$239,357

$58,383

19%

80%

$1,511/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$5,211/mo

$-2,985/mo

9.0%

Learn About the Market: Opportunity in Houston

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 This Area