$129,990
7555 Katy Freeway #49, Houston, TX, 77024
On Market
Just Added
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
Exterior
Lot Size7.10 acres
Building Information
Year Built1972
Stories1
Land Information
APN1120930000002
SubdivisionBayou Woods Condo
Land UseResidential
Legal DescriptionTH 49 BLDG K .004695 INT COMMON LAND & ELE BAYOU WOODS CONDO
Census Tract430101
Assessed Land Value$19,366
Assessed Improvement Value$82,560
Assessment Year2025
About this property
Conveniently located just off I-10, this first-floor 1-bedroom, 1-bath condo offers 732 square feet of comfortable living space with easy access to Memorial, The Galleria, Downtown Houston, and surrounding shopping, dining, and entertainment. The unit includes a refrigerator, washer, and dryer for added convenience, along with a covered parking space and additional storage. All utilities are included in the HOA dues, making for easy, low-maintenance living in a central Houston location.
Investor Tools
$0Estimated Mortgage Balance
$117,000Estimated Equity
100% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$601/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,175
$101,926
2025
$19,366
$82,560
$101,926
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,175
$101,926
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$117,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$601/mo
+$999/mo
16.4%
