$163,000
NAL Estimated Property Value7700 Creekbend Dr Apt 51, Houston, TX, 77071
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Building Information
Year Built1974
Stories2
Land Information
APN1083290000003
SubdivisionMeadowalk T/H Condo
Land UseResidential
Legal DescriptionUNIT 51 BLDG G MEADOWALK T/H CONDO
Census Tract423301
Assessed Land Value$26,526
Assessed Improvement Value$113,086
Assessment Year2025
About this property
Charming 3 bedroom 2.5 bath 2 story condo home locate in a quiet community. Laminate wood floor. Granite countertop and upgraded cabinet. Large primary room. Open floor plan. Spacious and very comfortable. Refrigerator, washer & dryer are included.
Investor Tools
$163,000
Estimated Property Value
$115,699Estimated Mortgage Balance
$47,301Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
$317/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,365
$139,612
2025
$26,526
$113,086
$139,612
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,365
$139,612
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Colony Mortgage Corp
Conventional
$118,500
No
First
Jan 17, 2025
Feb 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,699
$37,301
24%
71%
$711/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,028/mo
+$694/mo
12.7%
