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$237,016

NAL Estimated Property Value

4200 Watson St Apt 203, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths895 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$189.94 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1984

Land Information

APN1160710030007
SubdivisionDegeorge Park Condo Phase 1
Land UseResidential
Legal DescriptionUNIT 7 BLDG C 5.60 INT COMMON LAND & ELE DEGEORGE PARK CONDO PHASE 1
Census Tract511400
Assessed Land Value$45,033
Assessed Improvement Value$191,983
Assessment Year2025

About this property

Welcome to urban luxury Heights condominium, nestled on the ground level within a secure gated 20-unit community. This 2-bedroom, 2-bathroom sanctuary now boasts new bathroom vanities in both bathrooms, elevating its allure and functionality. Each bedroom offers generous walk-in closets, providing ample storage and organizational solutions. Upon entering, revel in the modern ambiance accentuated by fresh vinyl plank flooring that spans most of the unit. A recent interior paint refresh, inclusive of trim and baseboards, invigorates the space with a renewed sense of sophistication and vitality. Whether unwinding alone or entertaining guests, the seamless connectivity between living areas ensures comfort and ease. Retreat to your own private haven, complete with access to a glistening community pool—an idyllic setting for relaxation and revitalization. Enhanced with plush new carpeting in the bedrooms, every corner exudes comfort and style, promising a tranquil living experience.

Investor Tools

Property Icon
$237,016
Estimated Property Value
$0Estimated Mortgage Balance
$237,016Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,959
$237,016
2025
$45,033
$191,983
$237,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,959
$237,016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,016
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$485/mo
+$822/mo
6.6%

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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4200 Watson St Apt 203 | Property Details | No Agent List