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$146,474

NAL Estimated Property Value

781 Country Place Dr Apt 1003, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$62.36 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1974
Stories1

Land Information

APN1146000090002
SubdivisionSpinnaker Cove Condo Ph 1
Land UseResidential
Legal DescriptionTH 1003 BLDG I .008029 INT COMMON LAND & ELE SPINNAKER COVE CONDO PH 1
Census Tract450302
Assessed Land Value$27,830
Assessed Improvement Value$118,644
Assessment Year2025

About this property

INVESTOR SPECIAL! Client is selling this property AS-IS and will not be making any repairs. Stop by to view this property with a very convenient location! Property is in a gated community with assigned parking, zoned to Spring Branch ISD, and is within walking distance of the schools. HOA includes ALL utilities except for electricity. This community offers very easy access to I-10, Beltway & plenty of restaurants and shopping stores. Come by and see it today!

Investor Tools

Property Icon
$146,474
Estimated Property Value
$72,559Estimated Mortgage Balance
$73,915Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$879 /month
Positive
Cash Flow Estimate:
$293 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,242
$146,474
2025
$27,830
$118,644
$146,474
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,242
$146,474

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$89,240
No
First
May 16, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,559
$73,915
50%
50%
$536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$971/mo
+$1,139/mo
17.3%

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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781 Country Place Dr Apt 1003 | Property Details | No Agent List