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$234,410

NAL Estimated Property Value

840 Threadneedle St Apt 188, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,928 Sq Ft
price_per_sqft$85.53 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1970
Stories2

Land Information

APN1149700020002
SubdivisionWest Bayou Oaks T/H
Land UseResidential
Legal DescriptionUNIT 188 BLDG B .010691 INT COMMON LAND & ELE WEST BAYOU OAKS T/H
Census Tract450402
Assessed Land Value$44,538
Assessed Improvement Value$189,872
Assessment Year2025

About this property

Welcome home to West Bayou Oaks! Zoned to Spring Branch this 3 bed, 2.5 bath condo is located in the Energy Corridor. HOA includes all utility bills, trash, yard/ground maintenance, roof, exterior dwelling and condo insurance covering the exterior of the condo paid. Step inside to discover a beautifully updated kitchen featuring elegant quartz counters and stylish shaker cabinets. The downstairs boasts tile flooring for easy maintenance, while the upstairs is carpeted for added comfort. Both bathrooms have been tastefully tiled, enhancing the overall aesthetic of the home. HVAC system replaced in 2020. Amenities include access to a refreshing pool and well-maintained tennis courts. Enjoy entertaining on your private patio and utilize the exterior storage closet for bikes and other outdoor gear. Two covered carport/parking spots come with the unit protecting your vehicles from the Texas elements. For your convenience, the washer, dryer, and refrigerator will remain with the home.

Investor Tools

Property Icon
$234,410
Estimated Property Value
$162,587Estimated Mortgage Balance
$71,823Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,406 /month
Positive
Cash Flow Estimate:
$469 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$966/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,115
$234,410
2025
$44,538
$189,872
$234,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,115
$234,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thanh Ha
Purchase Money Mortgage
$165,000
No
First
Jul 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,587
$71,823
30%
69%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$1,956/mo
+$154/mo
10.8%

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.

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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840 Threadneedle St Apt 188 | Property Details | No Agent List