$85,000
8100 Creekbend Drive 156, Houston, TX, 77071
$89,306 ARV
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Building Information
Year Built1976
Land Information
APN1301840000056
SubdivisionBraeswood Forest Condo
Land UseResidential
Legal DescriptionUNIT 156 .0106 INT COMMON LAND & ELE BRAESWOOD FOREST CONDO AMEND
Census Tract423301
Assessed Land Value$13,097
Assessed Improvement Value$55,836
Assessment Year2025
About this property
Condo located just 4 miles from Houston’s Galleria, offering convenience and strong investment potential. Braeswood Forest is a 94-unit community currently undergoing major HOA improvements, including roof replacements and exterior cosmetic upgrades. This unit is tenant-occupied and has been a Section 8 rental. Spacious floor plan with easy access to shopping, dining, major highways, and nearby schools within a short walk or drive. Great opportunity for homeowners or investors.
Investor Tools
$0Estimated Mortgage Balance
$72,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$89,306
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$325/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,378
$68,933
2025
$13,097
$55,836
$68,933
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,378
$68,933
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$72,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$325/mo
+$982/mo
21.8%
