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$272,000

NAL Estimated Property Value

5050 Woodway Drive 3M, Houston, TX, 77056

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,996 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$102.71 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Balcony

Building Information

Year Built1965
Stories1

Land Information

APN0984670000012
SubdivisionExecutive House Of Houston
Land UseResidential
Legal DescriptionAPT 3M .018750 INT COMMON LAND & ELE EXECUTIVE HOUSE OF HOUSTON
Census Tract431701
Assessed Land Value$45,677
Assessed Improvement Value$194,729
Assessment Year2025

About this property

Welcome to the epitome of luxury living at Fifty-Fifty Woodway. This spacious 1,996 square-foot(per HCAD) 2-bedroom, 2-bathroom freshly painted unit is bathed in natural light, featuring expansive views through floor-to-ceiling windows. The living room opens to a grand wrap-around balcony, perfect for entertaining. The generous kitchen offers ample storage, a cozy breakfast area, and a pantry. Unwind in the primary bedroom, which boasts new flooring, an ensuite bath and a walk-in closet. The secondary bedroom features a wall of windows and an abundance of closet space. This unit also includes a stackable washer and dryer for your convenience. HOA COVER ALL UTILITIES, including electricity, water, internet and 24 hour concierge. The building’s distinctive design highlights a sparkling pool and serene gardens with koi ponds on the second floor. Five guest cabanas overlook the pool and ponds, ensuring a luxurious experience for your visiting family and friends.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$1,742/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,030
$240,406
2025
$45,677
$194,729
$240,406
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,030
$240,406

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,742/mo
$-102/mo
7.2%

City: Houston

5050 Woodway Drive 3M | Property Details | No Agent List