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$173,841

6701 Sands Point Dr Apt 23, Houston, TX, 77074

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,157 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.31 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1980
Stories1

Land Information

APN1148180040002
SubdivisionSandspoint West Condo
Land UseResidential
Legal DescriptionUNIT 23 BLDG D .008814 INT COMMON LAND & ELE SANDSPOINT WEST CONDO
Census Tract421302
Assessed Land Value$33,030
Assessed Improvement Value$140,811
Assessment Year2025

About this property

Wonderful 2 bed, 2 bath in the beautiful, gated community of Sandspoint West Condos. This end-unit second-floor unit is beautifully maintained and has lots of ample space, with a wonderful layout and lots of fresh updates. The unit hosts plenty of natural light throughout, and comes with a large and spacious kitchen with stainless steel appliances. The floorplan is large and well-thought out, and is designed for comfort and convenience for everyday living and variety of living situations. The bathroom comes with premium flooring and finishes, and the bedrooms are large and spacious. This complex sits right off HW 59 and is conveniently located just minutes from schools, retail, many of Houston's best attractions such as the Galleria, and more. The downstairs garage is large and spacious, just walk right upstairs into your private sanctuary! Complex comes with a pool to relax in on hot summer days. Be sure to schedule your showing today!

Investor Tools

Property Icon
$173,841
Estimated Property Value
$160,000Estimated Mortgage Balance
$16,658Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,043 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,637
$173,841
2025
$33,030
$140,811
$173,841
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,637
$173,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homerun Investments Inc
Purchase Money Mortgage
$160,000
No
First
May 23, 2025
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,183
$16,658
9%
90%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,310/mo
$-3/mo
9.0%

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.

Explore Texas Explore This Area
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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