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$122,864

781 Country Place Drive 1071, Houston, TX, 77079

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,280 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$97.66 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dryer, Washer, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1974
Stories1
Garage Spaces1

Land Information

APN1146000060001
SubdivisionSpinnaker Cove Condo Ph 2
Land UseResidential
Legal DescriptionTH 1071 BLDG F .005650 INT COMMON LAND & ELE SPINNAKER COVE CONDO PH 2
Census Tract450302
Assessed Land Value$23,344
Assessed Improvement Value$99,520
Assessment Year2025

About this property

Great Views in the heart of the energy corridor, near the highly desirable Memorial Drive area!!! This beautiful condo offers ample living space with 2 spacious verandas / patios on both sides of the unit. Come relax on your private patio with unobstructed views of large green spaces. Conveniently located minutes from shopping, dining, parks, and much more. GREAT SCHOOL DISTRICT - Spring Branch ISD!

Investor Tools

Property Icon
$122,864
Estimated Property Value
$0Estimated Mortgage Balance
$122,864Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,410
$122,864
2025
$23,344
$99,520
$122,864
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,410
$122,864

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$122,864
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$360/mo
+$1,240/mo
15.6%

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 Drive 1071 | Property Details | No Agent List