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$111,500

5550 N Braeswood Boulevard 24, Houston, TX, 77096

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths740 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.68 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringTile

Building Information

Year Built1972
Stories1

Land Information

APN1141760020014
Subdivision5550 N Braeswood Condo
Land UseResidential
Legal DescriptionUNIT B NO 24 5550 N BRAESWOOD CONDO
Census Tract421700
Assessed Land Value$20,763
Assessed Improvement Value$88,515
Assessment Year2025

About this property

Great location within the Meyerland Area, with a very close proximity to the Medical Center, Galleria, easy access to freeways and much more. All bills paid, even the electricity is included in the HOA fee. This private 1st floor corner unit is completely remodeled and close to both the community swimming pools and green spaces. Covered parking right outside the unit. Updated kitchen with newer Stainless Steal appliances and quartz countertops, updated bathroom. Two huge walk in closets in the bedroom with nice built-ins, tons of storage through out the unit. Zoned to Bellaire High School.

Investor Tools

$60,219Estimated Mortgage Balance
$69,781Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

Interested in this property?

Andre Vysotskiy

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$323/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,100
$109,278
2025
$20,763
$88,515
$109,278
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,100
$109,278

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$71,250
No
First
Oct 23, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,219
$69,781
53%
46%
$428/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$751/mo
+$344/mo
10.1%

City: Houston

5550 N Braeswood Boulevard 24 | Property Details | No Agent List