NoAgentList RatingHow are grades calculated?

328Days on Market

1view

$209,000

840 Threadneedle Street 181, Houston, TX, 77079

On Market

3 Beds

3 Bath

1,640 Sq Ft

Condos / Townhouses

$127.44 / sqft

Built in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Marble

Building Information

Year Built1970

Stories2

Land Information

APN1149700010005

SubdivisionWest Bayou Oaks T/H

Land UseResidential

Legal DescriptionUNIT 181 BLDG A .008706 INT COMMON LAND & ELE WEST BAYOU OAKS T/H

Census Tract450402

Assessed Land Value$44,880

Assessed Improvement Value$191,329

Assessment Year2025

About this property

INVESTORS ONLY- Tenant in place—income-producing from day one! Fully renovated townhome in West Bayou Oaks, located in Houston’s sought-after Energy Corridor. Just one minute from I-10 and Dairy Ashford, this quiet cul-de-sac community offers premium amenities including a clubhouse, tennis courts, and a large pool. Conveniently close to City Centre, Memorial City Mall, Town & Country, and Terry Hershey Park. The home features a stylish open layout with high ceilings, custom wood cabinets, island seating, bold tile accents, and new appliances. Durable tile flooring downstairs and cozy carpet upstairs. Covered patio and reserved parking are just steps away. All utilities are included in the low monthly HOA fee, offering a hassle-free investment with strong rental appeal.

Investor Tools

$236,209

Estimated Property Value

$0Estimated Mortgage Balance

$236,209Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,417 /month

Positive

Cash Flow Estimate:

$472 /month

Interested in this property?

Kevin Luong

B & W Realty Group LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$320/month

$817/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,664

$236,209

2025

$44,880

$191,329

$236,209

Tax History

Year

Tax Paid

Assessed Value

2024

$2,664

$236,209

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$236,209

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,110/mo

$817/mo

+$1,293/mo

10.7%

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.

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