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$230,000

NAL Estimated Property Value

5200 Weslayan St # 103, Houston, TX, 77005

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,263 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1982
Stories1

Land Information

APN1153520010003
SubdivisionThe Weslayan Condo
Land UseResidential
Legal DescriptionUNIT 103 BLDG A .10548 INT COMMON LAND & ELE THE WESLAYAN CONDO
Census Tract411801
Assessed Land Value$43,226
Assessed Improvement Value$184,281
Assessment Year2025

About this property

Beautifully updated and chicly decorated 2 bed and 2 bathroom condo on the first floor with a huge wrap-around patio. This unit has recent floors throughout, new paint, and updated kitchen with a designer tiled backsplash, quartz counters, and SS appliances, as well as new vanities & light fixtures in both bathrooms. The primary closet has fabulous custom built-in banquets with drawers for extra storage. There are 2 assigned parking spaces right next to the elevator in the garage. The Weslayan has a great pool and many long-term residents. Just blocks away from Greenway Plaza and centrally located to The Galleria, Downtown & Rice University, you can't beat this location.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,772
$227,507
2025
$43,226
$184,281
$227,507
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,772
$227,507

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
10.2%

City: Houston

5200 Weslayan St # 103 | Property Details | No Agent List