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$129,000

NAL Estimated Property Value

8140 Fondren Road 8140, Houston, TX, 77074

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,292 Sq Ft
price_per_sqft$127.71 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Building Information

Year Built1965
Stories2

Land Information

APN0983110000005
SubdivisionUniversity Arms T/H Condo
Land UseResidential
Legal DescriptionUNIT 5 4.731 INT COMMON LAND & ELE UNIVERSITY ARMS T/H CONDO
Census Tract422800
Assessed Land Value$18,435
Assessed Improvement Value$78,589
Assessment Year2025

About this property

Welcome to this beautifully updated 2-bedroom, 1 full and 2 half bath condo that perfectly blends comfort, style, and functionality! Step inside and enjoy a bright, inviting living area that flows seamlessly into a renovated kitchen, complete with sleek stainless-steel appliances, modern backsplash, and plenty of cabinet space — perfect for cooking and entertaining. Upstairs, you’ll find spacious bedrooms with generous closets and natural light, offering a peaceful retreat at the end of the day. The layout is ideal for those who value both privacy and practicality. Step out back to your own private covered patio, perfect for weekend BBQs, a cozy outdoor sitting area, or even a small garden! Located in a quiet and convenient community, this condo offers easy access to shopping, dining, major highways, and everything you need just minutes away. Whether you’re a first-time buyer, looking to downsize, or searching for a great investment property, this one check all the boxes!

Investor Tools

Property Icon
$129,000
Estimated Property Value
$0Estimated Mortgage Balance
$129,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,496
$97,024
2025
$18,435
$78,589
$97,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,496
$97,024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$275/mo
+$1,032/mo
12.2%

City: Houston

8140 Fondren Road 8140 | Property Details | No Agent List