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$171,718

NAL Estimated Property Value

3930 W Alabama Street 2, Houston, TX, 77027

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.21 / sqft
Year BuiltBuilt in 1963

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1963
Stories1

Land Information

APN1121490000002
SubdivisionForesters Pond Condo
Land UseResidential
Legal DescriptionUNIT 2 BLDG G 1/118 INT COMMON LAND & ELE FORESTERS POND CONDO
Census Tract411505
Assessed Land Value$32,626
Assessed Improvement Value$139,092
Assessment Year2025

About this property

Nestled in a fabulous location, this hidden gem offers proximity to shops, parks, and restaurants. With easy access to major highways, reaching the Galleria, Med Center, and Downtown is a breeze. The corner unit condo features a renovated kitchen and bathroom, new windows, floors & updated appliances. Enjoy a turfed private balcony and a recently updated pool with picturesque views. The gated community includes valet trash/recycling, water, and one assigned parking spot. Don't miss out on this fully updated property with modern amenities and a secure environment—excellent neighborhood to take walks in and go to the shops, restaurants, and park.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,730
$171,718
2025
$32,626
$139,092
$171,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,730
$171,718

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Bank
Purchase Money Mortgage
$97,000
No
First
Nov 25, 2008
Dec 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,313
$117,405
68%
32%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
11.5%

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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3930 W Alabama Street 2 | Property Details | No Agent List