$85,000
3900 Woodchase Dr Apt 50, Houston, TX, 77042
On Market
Property Lead Type:
BankruptcyMust-SellAbsentee OwnerHigh Equity
Highlights
Interior
Building Information
Year Built1983
Stories1
Land Information
APN1152740050006
SubdivisionMeadowridge Condo
Land UseResidential
Legal DescriptionUNIT 50 BLDG E .008187 INT COMMON LAND & ELE MEADOWRIDGE CONDO
Census Tract432401
Assessed Land Value$21,888
Assessed Improvement Value$93,311
Assessment Year2025
Investor Tools
$36,037Estimated Mortgage Balance
$79,162Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$691 /month
Positive
Cash Flow Estimate:
$230 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
$530/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,078
$115,199
2025
$21,888
$93,311
$115,199
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,078
$115,199
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ts Realty Corporation
Purchase Money Mortgage
$50,960
No
First
Dec 5, 2008
Jan 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,037
$79,162
68%
31%
$383/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$913/mo
+$517/mo
14.9%
