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$454,000

NAL Estimated Property Value

4950 Woodway Dr Unit 502, Houston, TX, 77056

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,870 Sq Ft
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1150370050001
SubdivisionPinehollow Condo
Land UseResidential
Legal DescriptionUNIT 502 FLOOR 5 .028685 INT COMMON LAND & ELE PINEHOLLOW CONDO
Census Tract431701
Assessed Land Value$44,113
Assessed Improvement Value$188,062
Assessment Year2025

About this property

Welcome to Tanglewood! Available Fully furnished or unfurnished! Enormous luxury corner-unit condo located only 3 blocks from 610 and half a mile from Memorial Park boasts tall ceilings, hardwood floors, and lots of natural light. This 5th floor condo overlooks Woodway and includes views of the famous Williams Tower and the iconic St. Martin's church. If you're looking for a large kitchen, you've come to the right place. Most of the appliances are brand new. The master bedroom is extremely large with plenty of space for a sitting area. The master boasts TWO closets! The carpet in both bedrooms is also brand new. The large utility room inside the condo includes a full size washer and dryer. The fridge, washer and dryer are all included. As a corner unit, you only have one shared wall. The floors and ceilings in this well built building are solid concrete, which makes it easy to forget you have neighbors at all. Enjoy a life of luxury in the heart of Uptown.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,951
$232,175
2025
$44,113
$188,062
$232,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,951
$232,175

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$191,675
No
First
Jun 28, 2013
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,752
$372,248
73%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
5.2%

Learn About the Market: Opportunity in Houston

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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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4950 Woodway Dr Unit 502 | Property Details | No Agent List