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$106,000

NAL Estimated Property Value

5550 N Braeswood Blvd Apt 103, Houston, TX, 77096

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths740 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$108.11 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1972
Stories1

Land Information

APN1141760070003
Subdivision5550 N Braeswood Condo
Land UseResidential
Legal DescriptionUNIT G NO 103 5550 N BRAESWOOD CONDO
Census Tract421700
Assessed Land Value$16,044
Assessed Improvement Value$68,398
Assessment Year2025

About this property

Cozy, gated 1 bedroom 1 full bathroom upstairs condo located right on N. Braeswood. Fridge, microwave, and electric stove will convey with property. Easy access to 610 and ideal commuting distance from Galleria / Medical Center. It is currently rented at $800 per month until 9/30/2020. Lease agreement can be provided upon request. Low maintenance fee and all utilities including in HOA dues (electricity, water, cable, covered parking, pool, grounds, laundry, security, and insurance on the exterior! This property has so much potential for increased rent.

Investor Tools

Property Icon
$106,000
Estimated Property Value
$16,090Estimated Mortgage Balance
$89,910Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$636 /month
Positive
Cash Flow Estimate:
$212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,628
$84,442
2025
$16,044
$68,398
$84,442
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,628
$84,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rw & Rh Ltd
Unknown
$36,375
No
First
Aug 24, 2005
Sep 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,090
$83,910
83%
15%
$219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$479/mo
+$616/mo
12.4%

City: Houston

5550 N Braeswood Blvd Apt 103 | Property Details | No Agent List