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Owner Contacts

$131,000

NAL Estimated Property Value

700 Thicket Ln Apt 703, Houston, TX, 77079

Off Market

1 Beds

1 Bath

839 Sq Ft

Condos / Townhouses

$171.63 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Refrigerator, Dishwasher, Oven

FlooringVinyl

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1979

Stories1

Land Information

APN1145210070003

SubdivisionWestchester Place Condo Ph 2

Land UseResidential

Legal DescriptionTH 703 BLDG 7 .012710 INT COMMON LAND & ELE WESTCHESTER PLACE CONDO PH 2

Census Tract450401

Assessed Land Value$23,636

Assessed Improvement Value$100,765

Assessment Year2025

About this property

Beautifully updated 1st floor 1 bedroom condo with den. Located in Memorial West/Energy Corridor. Conveinent to shopping and restaurants. Updated Luxury vinyl plank flooring through out. No carpet. Updated kitchen includes quartz counter top, SS sink, faucet, cabinet hardware, electric range, refrigerator, dishwasher. All appliances to convey with condo. Bathroom updates include quartz counter top, faucet, light fixture, professionally refinished tub, cabinet hardware. Flexible floor plan allows bonus room to be den, home office, work out room, guest bedroom. Private fenced patio is accessible from den or living room. Dining room has convenient pass through to kitchen for easy meal time. Gated community with assigned cover parking space. Spring Branch School District.

Investor Tools

$131,000

Estimated Property Value

$99,589Estimated Mortgage Balance

$31,411Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$864 /month

Positive

Cash Flow Estimate:

$288 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$159/month

$218/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,249

$124,401

2025

$23,636

$100,765

$124,401

Tax History

Year

Tax Paid

Assessed Value

2024

$1,249

$124,401

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$102,000

First

Jan 13, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$99,589

$32,411

24%

76%

$612/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,340/mo

$830/mo

+$510/mo

12.3%

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