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$140,000

NAL Estimated Property Value

8130 Fondren Rd, Houston, TX, 77074

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,436 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$118.38 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1965
Stories2

Land Information

APN0983110000010
SubdivisionUniversity Arms T/H Condo
Land UseResidential
Legal DescriptionUNIT 10 5.117 INT COMMON LAND & ELE UNIVERSITY ARMS T/H CONDO
Census Tract422800
Assessed Land Value$23,243
Assessed Improvement Value$99,087
Assessment Year2025

About this property

A GREAT PROPERTY WITH 3 BEDROOMS AND 2.5 BATH, IN QUIET AREA, THE FIRST FLOOR OFFERS A LARGE LIVING AREA AND A GREAT KITCHEN WITH HALF BATH AND PLANNIG AREA. HOME WAS REMODELED WITH UPDATED FIXTURES. A VERY CONTEMPORARY INTERIOR DESIGN. A MUST SEE. HOME IS A WALKING DISTANCE FROM HOUSTON BAPTIST UNIVERSITY AND A GREAT INVESTIMENT FOR STUDENT RENTALS. READY TO MOVE IN AND ALSO GREAT FOR AIRBNB INVESTORS.

Investor Tools

Property Icon
$140,000
Estimated Property Value
$128,739Estimated Mortgage Balance
$11,261Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,102
$122,330
2025
$23,243
$99,087
$122,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,102
$122,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J S C Federal Credit Union
Conventional
$136,000
No
First
Jun 2, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,739
$30,261
19%
92%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,136/mo
+$586/mo
14.8%

City: Houston

8130 Fondren Rd | Property Details | No Agent List