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$1,600

781 Country Place Dr Apt 1051, Houston, TX, 77079

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,280 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Refrigerator, Dishwasher

Building Information

Year Built1974
Stories1
Garage Spaces1

Land Information

APN1146000050003
SubdivisionSpinnaker Cove Condo Ph 2
Land UseResidential
Legal DescriptionTH 1051 BLDG E .005690 INT COMMON LAND & ELE SPINNAKER COVE CONDO PH 2
Census Tract450302
Assessed Land Value$20,232
Assessed Improvement Value$86,250
Assessment Year2025

Investor Tools

$213,513Estimated Mortgage Balance
$152,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Melissa Rey

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,273
$106,482
2025
$20,232
$86,250
$106,482
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,273
$106,482

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mercantil Bank Na
Purchase Money Mortgage
$255,000
No
First
Jul 24, 2018
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,513
N/A
0%
140%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,529/mo
+$71/mo
12.6%

City: Houston