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$149,000

3150 Walnut Bend Ln Apt 622, Houston, TX, 77042

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,127 Sq Ft
price_per_sqft$132.21 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Freestanding Oven, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Front Green Space, Courtyard
Lot Size8.28 acres

Building Information

Year Built1981
Stories1

Land Information

APN1149110220004
SubdivisionTerra Courtyard Condos Ph 3
Land UseResidential
Legal DescriptionTH 622 BLDG V .0079 INT COMMON LAND & ELE TERRA COURTYARD CONDOS PH 3
Census Tract452204
Assessed Land Value$23,851
Assessed Improvement Value$101,682
Assessment Year2025

About this property

Freshly remodeled and move in ready! Welcome to this beautifully renovated 2bed/ 2 bath condo in Houston's desirable Westchase area. The bright and spacious interior features beautiful laminate flooring and an open living and dining area anchored by a cozy fireplace. The newly remolded kitchen features freshly painted cabinets, Galaxy Quartz counter tops, contemporary tile backsplash and new stainless-steel appliances. Both bathrooms have been beautifully renovated, including an impressive primary bath and dual sinks, an oversized walk-in shower, floor to ceiling tile and frameless glass. The primary suite offers a walk in closet and private balcony. A second private balcony off the kitchen provides another outdoor space. Located within gated community with community pool, #622 offers convenient access to nearby walking trails, shopping, dining and everyday convivences. Access to Beltway and Westpark Tollway makes getting around Houston easy. This condo is ready for its new homeowner!

Investor Tools

$0Estimated Mortgage Balance
$125,533Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,564
$125,533
2025
$23,851
$101,682
$125,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,564
$125,533

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$125,533
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$351/mo
+$1,079/mo
13.7%

City: Houston