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$186,764

NAL Estimated Property Value

8281 Kingsbrook Rd Apt 259, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,254 Sq Ft
price_per_sqft$154.7 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Washer, Dishwasher

Building Information

Year Built1964
Stories1

Land Information

APN1132410000008
SubdivisionBayou Bend Townhomes
Land UseResidential
Legal DescriptionTH 259 BLDG L .007837 INT COMMON LAND & ELE BAYOU BEND T/H CONDO
Census Tract430200
Assessed Land Value$35,485
Assessed Improvement Value$151,279
Assessment Year2025

About this property

Located in Memorial, this 3-bedroom, 2-bath condo offers stunning views of the bayou and pool. Recently painted (January 2025) with wood flooring, it features a large deck with privacy fences overlooking the bayou. One bedroom overlooks a pool out front. Close to I-10, the Beltway, and 610, it's just minutes away from the Galleria and Downtown. Plus, enjoy included utilities such as electricity, internet, and water.

Investor Tools

Property Icon
$186,764
Estimated Property Value
$144,927Estimated Mortgage Balance
$41,837Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
$890/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$186,764
2025
$35,485
$151,279
$186,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$186,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Key Home Mortgage Llc
Conventional
$147,750
No
First
Apr 23, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,927
$48,073
24%
78%
$886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,776/mo
+$744/mo
16.2%

City: Houston

8281 Kingsbrook Rd Apt 259 | Property Details | No Agent List