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$159,000

NAL Estimated Property Value

5050 Ambassador Way Apt 205, Houston, TX, 77056

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths876 Sq Ft
price_per_sqft$192.92 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Oven, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Courtyard

Building Information

Year Built1967
Stories1
Garage Spaces1

Land Information

APN0986640000205
SubdivisionAmbassador At Post Oak Amend
Land UseResidential
Legal DescriptionUNIT 205 .015596 INT COMMON LAND & ELE AMBASSADOR AT POST OAK SEC 1 5TH AMEND
Census Tract431803
Assessed Land Value$24,562
Assessed Improvement Value$104,712
Assessment Year2025

About this property

Price to sale! Great Investor purchase. renter in place until March 31, 2022. In Uptown Galleria residence at 5050 Ambassador Way Condo in walking distance to Whole Foods, restaurants and retail at San Felipe and Post Oak Blvd! This one bedroom condo has floor to ceiling windows with views of the courtyard from living and bedroom. All utilities paid through monthly maintenance fee, electric, water, pool, exterior building up keep and insurance, landscaping, gated driveway and controlled entry to lobby. Newly renovated lobby with high end elevator just installed. Beautiful landscaped courtyard, patio with lounge chairs under the trees with courtyard views for a great meeting place or reading a good book. Also dog walking area. Resort style pool in uptown! Metro line to Galleria and Uptown steps from condo.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$622/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,705
$129,274
2025
$24,562
$104,712
$129,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,705
$129,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$165,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$622/mo
+$1,018/mo
12.4%

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.

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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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5050 Ambassador Way Apt 205 | Property Details | No Agent List