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$142,000

NAL Estimated Property Value

811 Threadneedle St Apt 282, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,176 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$127.55 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1970
Stories2

Land Information

APN1149700160003
SubdivisionWest Bayou Oaks T/H
Land UseResidential
Legal DescriptionUNIT 282 BLDG P .006521 INT COMMON LAND & ELE WEST BAYOU OAKS T/H
Census Tract450402
Assessed Land Value$24,308
Assessed Improvement Value$103,628
Assessment Year2025

About this property

Wonderful opportunity to live in Memorial at an affordable price!! Beautifully remodeled, nothing was left untouched. This 3 BR 2 BATH has new stainless appliances, wood cabinets and granite counter tops. Master BR down with large walk-in closet, private bathroom. Upstairs you will find 2 large bedrooms & 1 bath. Laundry room is conveniently located upstairs. Neighborhood has 2 tennis courts and a swimming pool for use by residents. If you are looking for a great layout and location this is the property for you. SBISD Schools. HOA FEE includes Electric, water, gas.

Investor Tools

Property Icon
$142,000
Estimated Property Value
$26,398Estimated Mortgage Balance
$115,602Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
$536/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,443
$127,936
2025
$24,308
$103,628
$127,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,443
$127,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gmac Mortgage Corp
Unknown
$68,000
No
First
Apr 26, 2004
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,398
$101,538
79%
19%
$408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$944/mo
+$656/mo
13.5%

Learn About the Market: Opportunity in Houston

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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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811 Threadneedle St Apt 282 | Property Details | No Agent List