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Owner Contacts

$116,000

NAL Estimated Property Value

8529 Hearth Drive 34, Houston, TX, 77054

Off Market

3 Beds

2 Bath

1,500 Sq Ft

Condos / Townhouses

$83.33 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Dishwasher

Building Information

Year Built1979

Stories1

Land Information

APN1141530160016

Lot Number34

SubdivisionHearthwood Condo

Land UseResidential

Legal DescriptionLT 34 BLDG 16 .33235 INT COMMON LAND & ELE HEARTHWOOD CONDO SEC 1

Census Tract314301

Assessed Land Value$20,753

Assessed Improvement Value$88,472

Assessment Year2025

About this property

This 3 Bedroom 2 Bathroom condo is nestled in the heart of the bustling medical center, this residence offers unparalleled convenience. Just minutes from the 610 loop and Hwy 90 (S Main Street), you'll have easy access to Sugar Land, Stafford, Missouri City, Pearland, and the vibrant Galleria area. Sports fans and event enthusiasts will love the proximity to NRG Stadium, NRG Arena, and NRG Park, perfect for game days, concerts, rodeos, and conventions. The gated community provides peace of mind with designated covered parking and security patrol. Zoned to the renowned Bellaire High School, this location is ideal for professionals, patients, and health enthusiasts. Nature lovers will appreciate the nearby parks and recreational spots, while the vibrant nightlife, trendy bars, and live music venues offer endless entertainment options.

Investor Tools

$116,000

Estimated Property Value

$0Estimated Mortgage Balance

$116,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$750 /month

Positive

Cash Flow Estimate:

$250 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$213/month

$425/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,981

$109,225

2025

$20,753

$88,472

$109,225

Tax History

Year

Tax Paid

Assessed Value

2024

$1,981

$109,225

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$116,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,200/mo

$425/mo

+$1,775/mo

22.8%

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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