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$217,178

NAL Estimated Property Value

3944 W Alabama Street 9, Houston, TX, 77027

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths858 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.76 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Refrigerator, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1963
Stories1

Land Information

APN1121430000009
SubdivisionForesters Pond Condo
Land UseResidential
Legal DescriptionUNIT 9 BLDG A .0097 INT COMMON LAND & ELE FORESTERS POND CONDO
Census Tract411505
Assessed Land Value$41,264
Assessed Improvement Value$175,914
Assessment Year2025

About this property

A Peaceful Oasis in the middle of the city. This beautifully remodeled condo is located in a secluded secure community in Acclaimed Highland Village and walkable to great shopping & restaurants. Nestled back among the luscious landscaping of this quiet complex, you're transported to a peaceful oasis once inside the gates. Entering your Oversized patio through your custom gate, you're greeted inside by New Luxury Vinyplank flooring that flows effortlessly from room to room and is accented by Natural light pouring in from the floor to ceiling windows and French Doors. Freshly painted throughout, you'll notice the NEW Electrical plugs & switches, Newer kitchen & bathroom cabinets, Newer Range, & more. The Remodeled condo offers beautiful sightlines throughout and a nice view of the serene patio where you can easily entertain guests. At the end of the day, Relax inside your large primary suite w/updated bathroom and soak your cares away. Centrally located & Zoned to Award-Winning Schools.

Investor Tools

Property Icon
$217,178
Estimated Property Value
$0Estimated Mortgage Balance
$217,178Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,303 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
$387/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,932
$217,178
2025
$41,264
$175,914
$217,178
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,932
$217,178

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,178
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$387/mo
+$1,573/mo
10.8%

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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3944 W Alabama Street 9 | Property Details | No Agent List