25Days on Market

1view

$84,000

8100 Creekbend Drive 131, Houston, TX, 77071

$109,200 ARV

On Market

3 Beds

2 Bath

1,182 Sq Ft

Condos / Townhouses

$71.07 / sqft

Built in 1976

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesElectric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Wood

Building Information

Year Built1976

Land Information

APN1301840000031

SubdivisionBraeswood Forest Condo

Land UseResidential

Legal DescriptionUNIT 131 .0106 INT COMMON LAND & ELE BRAESWOOD FOREST CONDO AMEND

Census Tract423301

Assessed Land Value$13,454

Assessed Improvement Value$57,356

Assessment Year2025

About this property

Braeswood Forest is just 4 miles away from Houston's top shopping spot, Galleria. It's the perfect place to live and work if you're looking for a comfortable and convenient lifestyle. The three-bedroom units are really rare - there are only 12 of them in the whole community, so they're a real gem. Plus, it's a great investment opportunity - the units are spacious and the location is strategic. The homeowners association is in the final stages of a revitalization project that includes roof replacements and a cosmetic overhaul, that will give us a big boost in property values, so now's the perfect time to invest! Plus, it's close to top elementary, middle and high schools - 5-minute walk or a quick 2-minute drive.

Investor Tools

$94,000

Estimated Property Value

$0Estimated Mortgage Balance

$94,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$109,200

Rent-to-Value Ratio: 0.72%

Rent Estimate

$564 /month

Positive

Cash Flow Estimate:

$188 /month

Interested in this property?

Dena Day

RE/MAX Fine Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$164/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,501

$70,810

2025

$13,454

$57,356

$70,810

Tax History

Year

Tax Paid

Assessed Value

2024

$1,501

$70,810

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$94,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$375/mo

+$1,347/mo

22.0%

Learn About the Market: Opportunity in Houston

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