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$138,000

700 Thicket Ln Apt 304, Houston, TX, 77079

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths978 Sq Ft
price_per_sqft$141.1 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Convection Oven, Microwave, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Playground

Building Information

Year Built1979
Stories1

Land Information

APN1145210030004
SubdivisionWestchester Place Condo Ph 1
Land UseResidential
Legal DescriptionTH 304 BLDG 3 .014730 INT COMMON LAND & ELE WESTCHESTER PLACE CONDO PH 1
Census Tract450401
Assessed Land Value$27,560
Assessed Improvement Value$117,493
Assessment Year2025

About this property

Rare opportunity in the highly desirable West Memorial/Energy Corridor area! This private upper-level condo offers 2 bedrooms, 2 bathrooms, and 1,010 sq. ft. of comfortable living space in a convenient gated community. Whether you’re a first-time buyer, downsizing, relocating, or looking for a low-maintenance home in a strong Houston location, this property offers excellent value. Features include laminate flooring in the main living areas, carpet in the bedrooms, a functional floor plan, two reserved covered parking spaces, and access to a community pool. The location is a major advantage—close to shopping, dining, major employers, and Terry Hershey Park with miles of trails and outdoor recreation. You can also buy as an Investment property with a projected monthly rent of $1,400, a great location, strong value, and limited availability. This will perform well as a long-term rental. Schedule your showings today before it’s too late!

Investor Tools

$92,973Estimated Mortgage Balance
$52,080Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

Interested in this property?

Adewale Lawal

LPT Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$393/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,513
$145,053
2025
$27,560
$117,493
$145,053
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,513
$145,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$109,250
No
First
Feb 27, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,973
$52,080
35%
64%
$656/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,049/mo
+$551/mo
13.2%

Learn About the Market: Opportunity in Houston

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Explore

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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700 Thicket Ln Apt 304 | Property Details | No Agent List