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Owner Contacts

$157,364

823 Wax Myrtle Lane, Houston, TX, 77079

Off Market

1 Beds

1 Bath

624 Sq Ft

Condos / Townhouses

$211.54 / sqft

Built in 1969

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1969

Stories1

Land Information

APN1102300000008

SubdivisionGeorgetown T/H

Land UseResidential

Legal DescriptionUNIT 8 BLDG J .000910 INT COMMON LAND & ELE GEORGETOWN T/H

Census Tract450100

Assessed Land Value$29,899

Assessed Improvement Value$127,465

Assessment Year2025

About this property

GORGEOUS 1-bdrm, 1-bath condo located on the GROUND FLOOR in prestigious Georgetown. Renovated in 2020. DID NOT FLOOD. Ready for immediate move-in! Bright CORNER UNIT. Wood-like tile floors throughout. Living w/ recess lighting opens to Kitchen. Breakfast bar. Remodeled kitchen w/ stain-resistant, marble-like countertop & subway backsplash, glasstop range, DW, & built-in MW. Refrigerator incl. Customized cabinets, solid wood doors, fixtures & hardware. Remodeled Bath w/ subway tile, walk-in shower. Bedroom has combined walk-in closet & utility rm w/ full-size washer & dryer. Living & Master w/ elevated outlets for mounted TVs. *PEX plumbing. Covered parking w/ storage. HOA includes Basic Cable TV, Trash Pickups, Water/Sewer, Patrol Service, Building Insurance, Roof, Siding, Fence, Pool & Ground Maintenance. This unit located a short walking distance to 1 of 3 pools in complex! IDEAL LOCATION FOR COMMUTERS w/ easy access to Bltwy 8 & I-10. Just minutes from City Centre & Memorial City.

Investor Tools

$157,364

Estimated Property Value

$0Estimated Mortgage Balance

$157,364Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$944 /month

Positive

Cash Flow Estimate:

$315 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$210/month

$185/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,732

$157,364

2025

$29,899

$127,465

$157,364

Tax History

Year

Tax Paid

Assessed Value

2024

$1,732

$157,364

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$157,364

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,340/mo

$185/mo

+$1,155/mo

10.2%

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