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$695,000

5001 Woodway Drive 104, Houston, TX, 77056

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,924 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$361.23 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator

Exterior

Exterior FeaturesOutdoor Kitchen

Building Information

Year Built1975

Land Information

APN1089020000002
SubdivisionThe Woodway Condo
Land UseResidential
Legal DescriptionUNIT 104 .010277 INT COMMON LAND & ELE THE WOODWAY CONDO
Census Tract431702
Assessed Land Value$91,141
Assessed Improvement Value$388,551
Assessment Year2025

About this property

LOOKING FOR LUXURY LIVING IN HOUSTON? LOOK NO FURTHER THAN THE WOODWAY! Discover elevated living in Tanglewood with this stunning first-floor, with PRIVATE PATIO, 3-bedroom, 2-bathroom condo. Perfectly designed for comfort & style, this unit offers an open living area with floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting atmosphere. Kitchen features a refrigerator, ample counter space, and plentiful cabinets, making it ideal for cooking and entertaining. In-unit washer and dryer, so laundry day is a breeze. TWO assigned garage parking spots, providing both security and convenience. Enjoy 24-hour concierge services, on-site maintenance, and a resort-style swimming pool with outdoor grilling area, perfect for relaxing or entertaining guests. Easy access to 610, I-10, and SH-59, and just minutes from Galleria, Memorial Park, popular restaurants, schools, and more! Don’t miss your chance to call The Woodway home! Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$688,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Miranda McGuire

Sterling Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
$1,332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,981
$479,692
2025
$91,141
$388,551
$479,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,981
$479,692

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$688,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,332/mo
+$1,248/mo
4.5%

City: Houston

5001 Woodway Drive 104 | Property Details | No Agent List