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$109,000

8517 Hearth Dr Apt 4, Houston, TX, 77054

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,274 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$70.57 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1979
Stories1

Land Information

APN1141530140004
Lot Number4
SubdivisionHearthwood Condo
Land UseResidential
Legal DescriptionLT 4 BLDG 14 .28973 INT COMMON LAND & ELE HEARTHWOOD CONDO SEC 1
Census Tract314301
Assessed Land Value$18,905
Assessed Improvement Value$78,095
Assessment Year2025

About this property

Gated community minutes from medical center! 3 bedroom 2 full baths. Nice size living area, and dining area! Patio area with storage room! Laminate flooring! Minutes from downtown, galleria. Needs TLC and price to sell quick.

Investor Tools

Property Icon
$109,000
Estimated Property Value
$34,500Estimated Mortgage Balance
$89,582Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$654 /month
Positive
Cash Flow Estimate:
$218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,883
$97,000
2025
$18,905
$78,095
$97,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,883
$97,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sarah Nezhad
Unknown
$34,500
No
First
Nov 17, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,418
$89,582
82%
18%
$207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$712/mo
+$958/mo
18.4%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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8517 Hearth Dr Apt 4 | Property Details | No Agent List