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$179,741

NAL Estimated Property Value

3200 S Gessner Rd Apt 246, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,351 Sq Ft
price_per_sqft$140.56 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1141720030003
SubdivisionTownhomes At Westchase
Land UseResidential
Legal DescriptionUNIT 10 BLDG C .013200 INT COMMON LAND & ELE TOWNHOMES AT WESTCHASE
Census Tract432301
Assessed Land Value$34,151
Assessed Improvement Value$145,590
Assessment Year2025

About this property

Welcome home! 3200 S Gessner Rd #246 is a classy 2-bedroom, 2.5-bath, 2-story condo, ideally located near Memorial City Mall, the Galleria, and Bunker Hill, and zoned to top-rated schools. This corner unit is the epitome of modern living, featuring a contemporary loft-style design and recent renovations that showcase on-trend finishes. With a spacious primary suite, attached garage, and close proximity to renowned shopping destinations, this condo offers the perfect blend of style, convenience, and comfort. Don't miss the opportunity to make this gem your new home! Contact us today for a private tour!

Investor Tools

Property Icon
$179,741
Estimated Property Value
$135,499Estimated Mortgage Balance
$44,242Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,200
$179,741
2025
$34,151
$145,590
$179,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,200
$179,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$140,550
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,499
$49,501
26%
75%
$843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$1,218/mo
+$282/mo
10.0%

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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3200 S Gessner Rd Apt 246 | Property Details | No Agent List