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$94,500

8481 Sands Point Dr, Houston, TX, 77036

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths735 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.57 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space, Storage

Building Information

Year Built1980
Stories1

Land Information

APN1150320070005
SubdivisionTownhomes On The Park
Land UseResidential
Legal DescriptionUNIT 53 BLDG G .003673 INT COMMON LAND & ELE TOWNHOMES ON THE PARK PH 1
Census Tract432904
Assessed Land Value$13,830
Assessed Improvement Value$58,958
Assessment Year2025

About this property

Welcome to 8481 Sands Point, a stylishly refreshed first floor condo on the Sharpstown Park Golf Course This home features shaker cabinetry with soft close drawers and doors with granite countertops throughout, window coverings, full size and washer, dryer and refrigerator. Wood burning fireplace. Window coverings,ceiling fans. Even the light switches and outlets have been updated. Fresh paint. LVP floors in bedroom. Storage closet outside adjacent to the relaxing patio. Excellent rental history. Call your agent for a tour today.

Investor Tools

Property Icon
$72,788
Estimated Property Value
$16,250Estimated Mortgage Balance
$69,887Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$567 /month
Positive
Cash Flow Estimate:
$189 /month

Interested in this property?

Michael Purcell

Coldwell Banker TGRE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,639
$72,788
2025
$13,830
$58,958
$72,788
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,639
$72,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gmac Mtg
N/A
$16,250
N/A
First
Dec 9, 1999
Dec 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,901
$69,887
96%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$305/mo
+$790/mo
18.1%

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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