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$88,000

7510 Hornwood Drive 201, Houston, TX, 77036

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths870 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$101.15 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Electric Cooktop, Electric Range, Instant Hot Water, Refrigerator
FlooringWood

Exterior

Exterior FeaturesPlayground, Tennis Court(s)

Building Information

Year Built1966
Stories1

Land Information

APN1141740010001
SubdivisionThe Sussex Condo East
Land UseResidential
Legal DescriptionUNIT 201 FLOOR 2 .433 INT COMMON LAND & ELE THE SUSSEX CONDO EAST
Census Tract432806
Assessed Land Value$17,520
Assessed Improvement Value$74,693
Assessment Year2025

About this property

This second-floor, 2-bedroom, 2-bathroom apartment features a rare split-unit layout that maximizes privacy for tenants, roommates, or . Located within a secure, gated community featuring a guarded vehicle entrance, residents gain access to premium shared amenities including a swimming pool and tennis court. The fully electric property features durable engineered wood flooring throughout the living spaces. Recent capital improvements include an upgraded kitchen with granite countertops, a stone-like backsplash, and partially new cabinets, alongside five-year-old bathroom tiles and vanities. While a newer water heater reduces immediate utility risks, the property is strictly sold "as-is," presenting a high-yield, low-overhead addition to any rental portfolio.

Investor Tools

Property Icon
$92,213
Estimated Property Value
$0Estimated Mortgage Balance
$92,213Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$553 /month
Positive
Cash Flow Estimate:
$184 /month

Interested in this property?

Wai Lung

SKW Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,754
$92,213
2025
$17,520
$74,693
$92,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,754
$92,213

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$92,213
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
17.0%

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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7510 Hornwood Drive 201 | Property Details | No Agent List