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$865,000

5050 Woodway Dr Apt 8n, Houston, TX, 77056

$885,334 ARVInfo
On MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,992 Sq Ft
price_per_sqft$216.68 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Instant Hot Water, Washer/Dryer
FlooringCarpet, Marble, Travertine

Exterior

Exterior FeaturesBalcony/Terrace, Guest Room Available, Dog Run, Storage Outside of Unit

Building Information

Year Built1965
Stories1

Land Information

APN0984670000037
SubdivisionExecutive House Of Houston
Land UseResidential
Legal DescriptionAPT 8N .037500 INT COMMON LAND & ELE EXECUTIVE HOUSE OF HOUSTON
Census Tract431701
Assessed Land Value$98,356
Assessed Improvement Value$419,305
Assessment Year2025

About this property

One of the most captivating views in Houston sets the stage for PH8N at Executive House, an eighth-floor residence offering nearly 4,000 SF with sweeping views over the treetops of Tanglewood and the Downtown Houston skyline. Walls of glass showcase the views throughout expansive living and dining spaces, while a wraparound balcony offers multiple perspectives across the city. The updated kitchen features custom cabinetry, a large center island and extensive storage, complemented by a dedicated bar. The primary suite captures Downtown views and includes a spacious bath and custom dressing room. A secondary bedroom and flexible living space offer versatility for guests, an office or den. Three assigned parking spaces. Building amenities include a pool, sauna, guest suites, landscaped grounds and koi ponds. HOA includes electricity, water, sewer, cable, building and grounds maintenance and limited-access services. Ideally located near Tanglewood, Uptown, the Galleria and Memorial Park.

Investor Tools

$0Estimated Mortgage Balance
$927,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$885,333
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,562 /month
Positive
Cash Flow Estimate:
$1,854 /month

Interested in this property?

Jason Lee Villarreal

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,037/month
$3,485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,812
$517,661
2025
$98,356
$419,305
$517,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,812
$517,661

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$940,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,485/mo
$-905/mo
3.3%

City: Houston

5050 Woodway Dr Apt 8n | Property Details | No Agent List