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$78,000

8421 Hearth Drive 1, Houston, TX, 77054

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,092 Sq Ft
price_per_sqft$71.43 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1979
Stories1

Land Information

APN1141530070007
Lot Number21
SubdivisionHearthwood Condo
Land UseResidential
Legal DescriptionLT 21 BLDG 7 .26764 INT COMMON LAND & ELE HEARTHWOOD CONDO SEC 1
Census Tract314301
Assessed Land Value$17,115
Assessed Improvement Value$72,962
Assessment Year2025

About this property

Located in the gated Hearthwood community, this first-floor condo offers 2 bedrooms and 2 full baths in a highly convenient Houston location. The layout includes a spacious living and dining area with abundant natural light and sliding glass doors that open to a private balcony. The kitchen flows easily into the dining space, making the home comfortable for everyday living or entertaining. Residents enjoy controlled access, assigned parking, two swimming pools, and tennis courts. Just minutes from the Texas Medical Center, NRG Stadium, Museum District, and major highways (including I-610 and US-59). This property offers excellent accessibility to shopping, dining, and activities near Downtown Houston. A great opportunity for both homeowners and investors seeking strong rental potential.

Investor Tools

$0Estimated Mortgage Balance
$90,077Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month

Interested in this property?

Alberto Escobedo

White House Global Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,632
$90,077
2025
$17,115
$72,962
$90,077
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,632
$90,077

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$90,077
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$580/mo
+$1,090/mo
22.2%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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8421 Hearth Drive 1 | Property Details | No Agent List