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$194,243

NAL Estimated Property Value

8229 Kingsbrook Road 225, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,052 Sq Ft
price_per_sqft$199.62 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1964
Stories1

Land Information

APN1132320000008
SubdivisionBayou Bend Townhomes
Land UseResidential
Legal DescriptionTH 225 BLDG C .006544 INT COMMON LAND & ELE BAYOU BEND T/H CONDO
Census Tract430200
Assessed Land Value$36,906
Assessed Improvement Value$157,337
Assessment Year2025

About this property

MEMORIAL NEAR-TOWN AREA, 100% REHABBED, GORGEOUS 2/1 UNIT on 2nd floor FACING COURTYARD NEAR POOL. FLOORPLAN is OPEN as it gets! Everything in unit is BRAND NEW : INTERIOR AC & HEAT w Wi-Fi capable THERMOSTAT (can control via INTERNET w Smart phone), durable waterproof PERGO FLOORING throughout, Flush-mount LED lighting (some dimmable) in Kitchen / Living Combo. Super-stylish REMOTE-CONTROLLED CEILING FANS, LIGHTING FIXTURES, & WHITE SHAKER CABS in KITCHEN & BATHROOM. White-Sparkle QUARTZ KITCHEN COUNTERS w HUGE KITCHEN ISLAND featuring multiple BUILT-IN SHAKER DRAWERS for easy, out-of-the-way, super-convenient (additional) STORAGE for the home cook! Complete suite of brand new STAINLESS APPLIANCES too.. Newly and UNIQUELY INSTALLED STACKABLE SAMSUMG Washer Dryer IN UNIT w Quarts folding table! Super stylish, CONTEMPORARY stand up GLASS & TILE SHOWER has WI-FI SPEAKER w various light settings for EXTRA STYLE. Unit is ABSOLUTELY BEAUTIFUL with a COMPLETELY OPEN FLOORPLAN!

Investor Tools

Property Icon
$194,243
Estimated Property Value
$160,277Estimated Mortgage Balance
$33,966Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,445
$194,243
2025
$36,906
$157,337
$194,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,445
$194,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$172,000
No
First
Sep 8, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,277
$33,966
17%
83%
$1,032/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,520/mo
+$390/mo
11.8%

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.

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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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8229 Kingsbrook Road 225 | Property Details | No Agent List