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$264,359

NAL Estimated Property Value

832 Wax Myrtle Lane 832, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,274 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$109.94 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1969
Stories2

Land Information

APN1102250000003
SubdivisionGeorgetown Townhomes
Land UseResidential
Legal DescriptionUNIT 3 BLDG E .003200 INT COMMON LAND & ELE GEORGETOWN T/H
Census Tract450100
Assessed Land Value$50,228
Assessed Improvement Value$214,131
Assessment Year2025

About this property

Perfectly positioned right by the pool, with the front door literally just steps away from the sparkling water and green space. You can enjoy these views from the front of the house, the balcony, the primary bedroom, and even the downstairs bedroom. The convenience of being close to everything you need. Located in the heart of Memorial, you’re just minutes from major highways like I-10 and Loop 610, making it super easy to get around. Walkable distance to City Center, offering great restaurants, shopping, and entertainment. Plus, with top-rated schools nearby, this location truly has it all. Inside, large windows let in tons of natural light, giving the home an airy, open feel. The downstairs bonus room is perfect for a home office, guest room, or whatever you need. Out back, the private patio offers the perfect spot to unwind or entertain, surrounded by calm and quiet. This townhome offers a fantastic combination of convenience, comfort, and an unbeatable location.

Investor Tools

Property Icon
$264,359
Estimated Property Value
$43,723Estimated Mortgage Balance
$220,636Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,586 /month
Positive
Cash Flow Estimate:
$529 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,607
$264,359
2025
$50,228
$214,131
$264,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,607
$264,359

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sweetwater Mortgage Co
Unknown
$102,700
No
First
Mar 18, 2005
Apr 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,723
$220,636
83%
17%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$870/mo
+$1,240/mo
9.6%

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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832 Wax Myrtle Lane 832 | Property Details | No Agent List