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$117,000

NAL Estimated Property Value

781 Country Place Dr Apt 1083, Houston, TX, 77079

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,489 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.84 / 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, Electric Cooktop, Refrigerator
FlooringTile

Building Information

Year Built1974
Stories1

Land Information

APN1146000030002
SubdivisionSpinnaker Cove Condo Ph 2
Land UseResidential
Legal DescriptionTH 1083 BLDG C .006435 INT COMMON LAND & ELE SPINNAKER COVE CONDO PH 2
Census Tract450302
Assessed Land Value$21,738
Assessed Improvement Value$92,670
Assessment Year2025

About this property

2 Bed | 2 Bath | 1489 Sqft condo for rent. Ground floor level for easy living. Condo is located just minutes from I-10, Westheimer Parkway and Beltway 8. Also close proximity to Energy Corridor which offers a wide range of restaurants, shopping and supermarkets. Unit comes with TWO assigned parking spots located in covered parking garage close to back door. Gated community. Water included in rent. Why lease and apartment when you have so much more? Make the call.

Investor Tools

Property Icon
$117,000
Estimated Property Value
$47,395Estimated Mortgage Balance
$69,605Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,388
$114,408
2025
$21,738
$92,670
$114,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,388
$114,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbmc Mortgage Llc
Conventional
$59,200
No
First
Nov 8, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,395
$71,605
60%
41%
$355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$355/mo
+$1,245/mo
16.4%

City: Houston

781 Country Place Dr Apt 1083 | Property Details | No Agent List