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$160,595

NAL Estimated Property Value

3200 S Gessner Rd Apt 364, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,617 Sq Ft
price_per_sqft$92.15 / 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
FlooringLaminate

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1141720070001
SubdivisionTownhomes At Westchase
Land UseResidential
Legal DescriptionUNIT 27 BLDG G .015700 INT COMMON LAND & ELE TOWNHOMES AT WESTCHASE
Census Tract432301
Assessed Land Value$30,513
Assessed Improvement Value$130,082
Assessment Year2025

About this property

Investor Special – Great Potential! This 2-bedroom townhome is being sold as-is and is ideal for investors or buyers looking to add value. Light cosmetic work is needed. With a little effort, this could be a great rental or personal residence. A solid opportunity to build equity in a growing area—don’t miss it!

Investor Tools

Property Icon
$160,595
Estimated Property Value
$132,338Estimated Mortgage Balance
$28,257Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$964 /month
Positive
Cash Flow Estimate:
$321 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,966
$160,595
2025
$30,513
$130,082
$160,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,966
$160,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simplex Lending Llc
Conventional
$134,100
No
First
Aug 19, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,338
$28,257
17%
82%
$804/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$1,334/mo
+$166/mo
11.2%

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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3200 S Gessner Rd Apt 364 | Property Details | No Agent List