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$128,000

NAL Estimated Property Value

5550 N Braeswood Blvd Apt 131, Houston, TX, 77096

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,064 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$93.98 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1972
Stories1

Land Information

APN1141760080009
Subdivision5550 N Braeswood Condo
Land UseResidential
Legal DescriptionUNIT H NO 131 5550 N BRAESWOOD CONDO
Census Tract421700
Assessed Land Value$21,715
Assessed Improvement Value$92,577
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. BEST AND FINAL DUE BY FRIDAY OCT 20 AT 5:00PM. CASH OFFERS ONLY. Welcome to 5550 N. Braeswood #131, a lovely second level condo with two large bedrooms and two full baths. Handsome complex in a great Meyerland location. This condo overlooks one of the picturesque courtyards. Two good sized 14' x 11' bedrooms with large closets and full baths with handsome tile work. Large 15' x 14' family room with an abundance of natural lighting. The windows in the condo have been replaced with double paned windows. Lovely kitchen with an abundance of storage and counter space. One wonderful feature-full size washer & dryer in the condo and the washer & dryer come with the condo as well as an LG refrigerator. All rooms have ceiling fans and the condo has a programmable thermostat. Custom built-in's in the primary bedroom. Low HOA fee includes all utilities including electricity, water, cable, trash, insurance, etc. Priced well and priced AS/IS.

Investor Tools

Property Icon
$128,000
Estimated Property Value
$0Estimated Mortgage Balance
$128,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$768 /month
Positive
Cash Flow Estimate:
$256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
$421/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,438
$114,292
2025
$21,715
$92,577
$114,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,438
$114,292

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$125,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$421/mo
+$886/mo
12.3%

Learn About the Market: Opportunity in Houston

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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.

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Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5550 N Braeswood Blvd Apt 131 | Property Details | No Agent List