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$134,000

NAL Estimated Property Value

3502 Ocee Street 3502, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,336 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$97.31 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Building Information

Year Built1978
Stories2

Land Information

APN1142210060001
SubdivisionTanglewilde South Condo
Land UseResidential
Legal DescriptionUNIT 3502 BLDG F .007010 INT COMMON LAND & ELE TANGLEWILDE SOUTH CONDO SEC 2
Census Tract432501
Assessed Land Value$21,691
Assessed Improvement Value$92,474
Assessment Year2025

About this property

Step into this inviting two-story townhome, where comfort meets convenience. Featuring two bedrooms, two bathrooms, and a flexible study that could effortlessly transform into a third bedroom, this residence offers adaptable living space. New windows and a sliding door enhance natural light and provide seamless access to your private back patio. Nestled within a secure, gated community, enjoy peaceful surroundings complete with charming small lakes, a refreshing community pool, and well-kept tennis courts. Relax and unwind on your private balcony or in the tranquil patio area. Inside, elegant tile flooring graces the ground floor, while the upper level and staircase feature the warm touch of wooden floors. Benefit from the ease of a reserved carport space and ample guest parking. With its prime location offering quick access to major highways, this townhome is a must-see. Don't miss the opportunity – schedule your showing today!

Investor Tools

Property Icon
$134,000
Estimated Property Value
$76,583Estimated Mortgage Balance
$57,417Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
$484/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,211
$114,165
2025
$21,691
$92,474
$114,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,211
$114,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Fha
$97,206
Yes
First
May 2, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,583
$57,417
42%
57%
$583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$1,067/mo
+$433/mo
13.4%

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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3502 Ocee Street 3502 | Property Details | No Agent List