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$229,900

3930 W Alabama Street 7, Houston, TX, 77027

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths832 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$276.32 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringTile, Vinyl Plank

Building Information

Year Built1963
Stories1

Land Information

APN1121490000007
SubdivisionForesters Pond Condo
Land UseResidential
Legal DescriptionUNIT 7 BLDG G 1/118 INT COMMON LAND & ELE FORESTERS POND CONDO
Census Tract411505
Assessed Land Value$40,734
Assessed Improvement Value$173,657
Assessment Year2025

About this property

Previously Renovated Beautiful ground floor condo in the Foresters Pond community. Home offering front door private gated patio for enjoyment and entertainment. The Interior, you will find luxury vinyl plank flooring throughout. Awesome kitchen boasts stainless steel appliances, washer and dryer for your convenience. Ideally located near downtown and the medical center, close to shopping and restaurants in Highland Village. Most renovations done by other owner in 2023-2024.

Investor Tools

$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Reuben Reyes

HomeSmart

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$478/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,474
$214,391
2025
$40,734
$173,657
$214,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,474
$214,391

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$478/mo
+$1,482/mo
10.3%

City: Houston

3930 W Alabama Street 7 | Property Details | No Agent List