Last 24 Hours
$145,000
NAL Estimated Property Value8242 Fondren Road, Houston, TX, 77074
Off Market
3 Beds
3 Bath
1,530 Sq Ft
Condos / Townhouses
$88.24 / sqft
Built in 1966Property Lead Type:
High Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2Bathrooms Half 1
Heating Central
CoolingBuilding Information
Year Built1966
Stories2
Land Information
APN0990290000003
SubdivisionUniversity Arms Townhomes
Land UseResidential
Legal DescriptionUNIT 3 4.467 INT COMMON LAND & ELE UNIVERSITY ARMS T/H SEC 2
Census Tract422800
Assessed Land Value$24,278
Assessed Improvement Value$103,501
Assessment Year2025
About this property
Renovated inside out. Features 3 spacious bedroom, master with ensuite. Large kitchen with eating area with sliding door opening to private patio and parking. Easy access to Hwy 59.
Investor Tools
$145,000
Estimated Property Value
$116,780Estimated Mortgage Balance
$28,220Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
$276/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,182
$127,779
2025
$24,278
$103,501
$127,779
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$3,182
$127,779
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carolcorp Inc
Conventional
$126,000
No
First
Jun 27, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,780
$28,220
19%
81%
$756/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,032/mo
+$690/mo
14.3%
12.4%