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$148,000

7700 Creekbend Dr Apt 61, Houston, TX, 77071

Off Market

2 Beds

3 Bath

1,470 Sq Ft

Condos / Townhouses

$0.95 / sqft

Built in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Oven, Electric Range, Free-Standing Range, Dryer, Washer, Dishwasher, Oven, Refrigerator

FlooringCarpet, Tile, Vinyl

Building Information

Year Built1974

Stories2

Land Information

APN1083300000005

SubdivisionMeadowalk T/H Condo

Land UseResidential

Legal DescriptionUNIT 61 BLDG H MEADOWALK T/H CONDO

Census Tract423301

Assessed Land Value$23,819

Assessed Improvement Value$101,542

Assessment Year2025

About this property

Better than apartment living! Enjoy leasing this 2 bedroom/2 bath townhome with new carpet! Inviting entry with 2 storage closets. Half bath downstairs. The kitchen can be closed off from the living area! The kitchen has white cabinets, Formica counters/backsplash, and tile floors. Both bedrooms upstairs with ceiling fans. Each bedroom has an ensuite bathroom and walk-in closets. The spacious family room has built-in bookshelves and a brick corner fireplace. This home includes the washer/dryer. The large concrete patio leads to the covered parking behind the unit. The community has an area pool! Great opportunity! Act fast!

Investor Tools

$148,000

Estimated Property Value

$21,768Estimated Mortgage Balance

$140,318Estimated Equity

85% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$888 /month

Positive

Cash Flow Estimate:

$296 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$214/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$125,361

2025

$23,819

$101,542

$125,361

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$125,361

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citifinancial Mortgage Company Inc

Credit Line (Revolving) / Heloc

$21,768

First

Jun 17, 2003

Dec 2010

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$7,682

$132,318

94%

$131/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$131/mo

+$1,176/mo

10.6%

Learn About the Market: Opportunity in Houston

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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.

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