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$172,209

NAL Estimated Property Value

8211 Katy Freeway 8, Houston, TX, 77024

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths953 Sq Ft
price_per_sqft$183.63 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Building Information

Year Built1961
Stories1

Land Information

APN1113410010004
SubdivisionThe Tree House Condo
Land UseResidential
Legal DescriptionUNIT 8 BLDG B .020367 INT COMMON LAND & ELE THE TREE HOUSE CONDO
Census Tract430102
Assessed Land Value$32,720
Assessed Improvement Value$139,489
Assessment Year2025

About this property

The MOST beautiful location and modern remodeled condo in this subdivision with beautiful view of the Bayou. The location is ideal and right off of the freeway, close to the medical center. This condo features 1 bedroom, 1 full bath, and 953 square feet of ample living space! This ultra modern kitchen design with a quartz island waterfall brings this condo into different level! For the modern style lovers all furniture's can be included and MOVE IN ready. Currently this condo has month-to-month income producing revenue. Come check out all this home has to offer!

Investor Tools

Property Icon
$172,209
Estimated Property Value
$101,877Estimated Mortgage Balance
$70,332Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,241
$172,209
2025
$32,720
$139,489
$172,209
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,241
$172,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$105,000
No
First
Sep 19, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,877
$70,332
40%
59%
$630/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$970/mo
+$630/mo
11.1%

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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8211 Katy Freeway 8 | Property Details | No Agent List