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$103,000

NAL Estimated Property Value

8489 Sands Point Drive 57, Houston, TX, 77036

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths758 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$131.79 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1982
Stories1

Land Information

APN1150320080001
SubdivisionTownhomes On The Park
Land UseResidential
Legal DescriptionUNIT 57 BLDG H .003394 INT COMMON LAND & ELE TOWNHOMES ON THE PARK PH 2
Census Tract432904
Assessed Land Value$16,196
Assessed Improvement Value$69,047
Assessment Year2025

About this property

This is great deal! Living in a condo with amenities like two pools, courtesy patrol, and having the HOA take care of water heaters and other maintenance can be quite convenient. It's also nice to know that the HOA fee is low, and it covers essential services like water, trash, common area maintenance, and insurance. If you have any specific questions or if there's anything else you'd like to know about the property, feel free to ask!

Investor Tools

Property Icon
$103,000
Estimated Property Value
$978Estimated Mortgage Balance
$102,022Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$618 /month
Positive
Cash Flow Estimate:
$206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$43/month
$278/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$85,243
2025
$16,196
$69,047
$85,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$85,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas California International Inc
Seller Carryback / Seller Financing / Seller Take-Back
$15,000
No
First
Jul 14, 1997
Jul 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$978
$102,022
99%
1%
$90/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$368/mo
+$727/mo
12.8%

City: Houston

8489 Sands Point Drive 57 | Property Details | No Agent List