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$109,900

855 Augusta Drive #27, Houston, TX, 77057

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths598 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.78 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Lot Size3.00 acres

Building Information

Year Built1977
Stories1

Land Information

APN1119340000004
SubdivisionThe Grovewood Condo
Land UseResidential
Legal DescriptionUNIT 4 BLDG A .010416 INT COMMON LAND & ELE THE GROVEWOOD CONDO
Census Tract431506
Assessed Land Value$30,749
Assessed Improvement Value$131,089
Assessment Year2025

About this property

Renovated downstairs 1 bedroom, 1 bath unit with patio in desirable Grovewood. Kitchen renovation in 2024 including cabinets, counter tops, flooring and sink. Sizable bedroom with walk-in closet. Bathroom with replaced flooring and tub/shower and additional storage space. HVAC replaced in 2024. Covered patio and covered assigned parking. Adorable, well-maintained community with pool and several courtyards. Minutes from the Galleria, 610 and close to numerous parks, restaurants and shopping!

Investor Tools

$100,273Estimated Mortgage Balance
$61,565Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$971 /month
Positive
Cash Flow Estimate:
$324 /month

Interested in this property?

Sarah Callaway Sulma

Martha Turner Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
$353/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,688
$161,838
2025
$30,749
$131,089
$161,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,688
$161,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Southwest Mortgage Corp
Conventional
$132,050
No
First
Aug 27, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,273
$61,565
38%
62%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$353/mo
+$937/mo
9.6%

City: Houston

855 Augusta Drive #27 | Property Details | No Agent List