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$91,000

3616 Ocee Street, Houston, TX, 77063

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,028 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$88.52 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1978
Stories2

Land Information

APN1142210070008
SubdivisionTanglewilde South Condo
Land UseResidential
Legal DescriptionUNIT 3616 BLDG G .005020 INT COMMON LAND & ELE TANGLEWILDE SOUTH CONDO SEC 2
Census Tract432501
Assessed Land Value$18,076
Assessed Improvement Value$67,824
Assessment Year2025

About this property

Welcome to this beautifully remodeled condo nestled in a quiet, gated community just off Westpark Tollway, offering both convenience and tranquility with mature landscaping and scenic surroundings. This spacious 1/1, two-story unit features soaring ceilings and an open, airy feel. The layout includes a versatile loft or study off the primary bedroom, perfect for a home office, or additional living space. Enjoy both a private patio and a separate balcony off the bedroom, ideal for relaxing or entertaining. The home is well-appointed with a full-size washer and dryer in a dedicated laundry room, a stainless steel appliance package, wood-burning fireplace, and ample storage including an extra closet and exterior storage area. Community amenities include a swimming pool, jacuzzi, tennis courts, fitness center, clubhouse, and a serene lake with fountains. Maintenance fees cover access to these amenities for easy, low-maintenance living. Includes an assigned, covered parking space.

Investor Tools

$45,579Estimated Mortgage Balance
$44,421Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$546 /month
Positive
Cash Flow Estimate:
$182 /month

Interested in this property?

Susanna Mayberry

RE/MAX Leading Edge

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$463/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,190
$85,900
2025
$18,076
$67,824
$85,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,190
$85,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$52,500
No
First
Oct 30, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,579
$44,421
49%
51%
$315/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,260/mo
$778/mo
+$482/mo
16.8%

City: Houston

3616 Ocee Street | Property Details | No Agent List