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$163,000

7575 Katy Freeway #63, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths898 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.51 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Convection Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System, Storage

Building Information

Year Built1972
Stories1

Land Information

APN1120850000024
SubdivisionBayou Woods Condo
Land UseResidential
Legal DescriptionTH 78D BLDG B .6282 INT COMMON LAND & ELE BAYOU WOODS CONDO
Census Tract430101
Assessed Land Value$26,857
Assessed Improvement Value$114,496
Assessment Year2025

About this property

Welcome to 7575 Katy Fwy #63, a beautifully remodeled 1-bedroom, 1-bathroom corner-unit condo located on the first floor in a gated community. This move-in-ready home features modern finishes, a bright and open layout, and a versatile sunroom that’s perfect for a home office, reading nook, or relaxing with your morning coffee. Enjoy resort-style amenities, including two community pools, a clubhouse, and on-site management. Your HOA dues provide exceptional value by including water, electricity, and cable, making everyday living even more convenient. Additional features include a covered parking space and a private storage closet for added functionality. Ideally situated with easy access to I-10, Memorial Park, premier shopping, dining, and entertainment, this charming home offers the perfect blend of comfort, convenience, and low-maintenance living. Don’t miss your opportunity to own this exceptional condo!

Investor Tools

Property Icon
$167,000
Estimated Property Value
$0Estimated Mortgage Balance
$90,524Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
Positive
Cash Flow Estimate:
$334 /month

Interested in this property?

Shelby Drake

Newfound Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$652/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,300
$141,353
2025
$26,857
$114,496
$141,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,300
$141,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J & G Industrial Llc
Unknown
$103,500
No
First
Sep 19, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,476
$90,524
54%
46%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$652/mo
+$948/mo
11.5%

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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