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$519,000

NAL Estimated Property Value

5001 Woodway Dr Unit 1101, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,915 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.39 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony

Building Information

Year Built1975
Stories1

Land Information

APN1089120000001
SubdivisionThe Woodway Condo
Land UseResidential
Legal DescriptionUNIT 1101 .010277 INT COMMON LAND & ELE THE WOODWAY CONDO
Census Tract431702
Assessed Land Value$86,378
Assessed Improvement Value$368,241
Assessment Year2025

About this property

Wonderful High Rise living at its best in the prestigious Tanglewood/Uptown Park area! The home enjoys incredible skyline views of the Galleria through floor-to-ceiling windows in the living and dining areas and bedrooms. A spacious balcony beckons for morning coffee or relaxing evening conversation. Graciously entertain in the grand living room which was enlarged by removing a third bedroom. Charming built-ins and woodwork add character and warmth to the home. Building amenities include Concierge, two well-located assigned parking spaces, pool and outdoor living area with gas grill, table and seating for your guests, trash chute, and on-site management during the week. The Woodway is minutes away from the beautifully updated Memorial Park, Uptown Park with great restaurants, coffee shops, Galleria, grocery stores, fitness centers, nearby hotels, and public and private schools (Buyer to verify eligibility). Refrigerator (2024), air handler (2022). All info per Seller.

Investor Tools

Property Icon
$519,000
Estimated Property Value
$0Estimated Mortgage Balance
$519,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$1,119/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$416
$454,619
2025
$86,378
$368,241
$454,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$416
$454,619

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$516,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,119/mo
+$1,461/mo
6.0%

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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5001 Woodway Dr Unit 1101 | Property Details | No Agent List