NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$286,000

NAL Estimated Property Value

5050 Woodway Drive 3G, Houston, TX, 77056

Off Market

2 Beds

2 Bath

1,996 Sq Ft

Condos / Townhouses

$137.78 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Refrigerator, Dishwasher

FlooringWood

Exterior

Exterior FeaturesStorage, Balcony

Building Information

Year Built1965

Stories1

Land Information

APN0984670000007

SubdivisionExecutive House Of Houston

Land UseResidential

Legal DescriptionAPT 3G .018750 INT COMMON LAND & ELE EXECUTIVE HOUSE OF HOUSTON

Census Tract431701

Assessed Land Value$45,786

Assessed Improvement Value$195,192

Assessment Year2025

About this property

Welcome to 5050 Woodway #3G! This spacious two bedroom, two bathroom condo is located on the 3rd floor in the Executive House next to the Decorative Center, just minutes from the Galleria, Loop 610, 59 and I-10. Offering walkability to Memorial Park/Arboreedum allows a flexible lifestyle in Houston! The floor to ceiling windows and expansive wrap around patio with magnificent views is absolutely incredible! Check out the newly refinished hardwood floors throughout the entire condo, tile floors in kitchen and bath and huge, open bright main living space. This condo comes with two assigned parking spots - #1 and #82 (extra wide space) - and two assigned storage spaces #17 and #61. #61 storage space is the size of a small bedroom! Additional amenities include: 24 hour doorman, serene garden and large pool area, 5 hotel rooms to rent for guests, separate saunas and ALL BILLS INCLUDED in the maintenance fee! Don't miss this gem!

Investor Tools

$286,000

Estimated Property Value

$0Estimated Mortgage Balance

$286,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,716 /month

Positive

Cash Flow Estimate:

$572 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$539/month

$1,440/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,042

$240,978

2025

$45,786

$195,192

$240,978

Tax History

Year

Tax Paid

Assessed Value

2024

$5,042

$240,978

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$286,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,440/mo

+$200/mo

6.9%

Learn About the Market: Opportunity in Houston

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 This Area