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$143,000

815 Wax Myrtle Ln # 1, Houston, TX, 77079

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths624 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.08 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Dryer, Washer, Dishwasher

Exterior

Private PoolPrivate Pool

Building Information

Year Built1969
Stories1
Garage Spaces1

Land Information

APN1102290000003
SubdivisionGeorgetown T/H
Land UseResidential
Legal DescriptionUNIT 1 BLDG I .000910 INT COMMON LAND & ELE GEORGETOWN T/H
Census Tract450100
Assessed Land Value$24,915
Assessed Improvement Value$106,217
Assessment Year2025

About this property

Charming Condo in Memorial. The Georgetown community is located in a close proximity to Town and Country Village with easy access to Beltway 8, I-10.This updated one bedroom/ one bath condo offers, custom closet, stainless steel appliances, granite countertops, washer and dryer. The colors offer a fresh and vibrant feel. No carpet throughout the condo.One assigned carport with a small storage. Community amenities include swimming pool, playground, recreational area. Schedule your appointment today!

Investor Tools

Property Icon
$143,000
Estimated Property Value
$99,200Estimated Mortgage Balance
$61,531Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,546
$131,132
2025
$24,915
$106,217
$131,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,546
$131,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$99,200
No
First
Sep 26, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,469
$61,531
43%
57%
$595/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
$595/mo
+$745/mo
11.2%

Learn About the Market: Opportunity in Houston

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Explore

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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815 Wax Myrtle Ln # 1 | Property Details | No Agent List