$237,000
NAL Estimated Property Value4200 Watson St Apt 303, Houston, TX, 77009
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
Building Information
Year Built1984
Land Information
APN1160710010003
SubdivisionDegeorge Park Condo Phase 1
Land UseResidential
Legal DescriptionUNIT 3 BLDG A 5.60 INT COMMON LAND & ELE DEGEORGE PARK CONDO PHASE 1
Census Tract511400
Assessed Land Value$45,030
Assessed Improvement Value$191,970
Assessment Year2025
About this property
Prime Location in the Heights! This beautifully updated 2-bedroom, 2-bath condo offers comfort and convenience in one of Houston’s most desirable neighborhoods. Recent upgrades include new flooring, fresh paint, granite countertops in the kitchen and bathrooms, walk-in closets, and a new washer and dryer. Enjoy access to green spaces, a community pool, and close proximity to Proctor Plaza Park with tennis courts. Just minutes from I-10, I-45, local restaurants, shops, parks, and more. A fantastic opportunity that won’t last long!
Investor Tools
$237,000
Estimated Property Value
$118,831Estimated Mortgage Balance
$118,169Estimated Equity
49% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,959
$237,000
2025
$45,030
$191,970
$237,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,959
$237,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$136,000
No
First
Dec 23, 2019
Jan 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,831
$118,169
49%
50%
$816/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$816/mo
+$491/mo
6.6%
