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$119,000

855 Augusta Drive 27, Houston, TX, 77057

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths598 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$199 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1977
Stories1

Land Information

APN1119370000009
SubdivisionThe Grovewood Condo
Land UseResidential
Legal DescriptionUNIT 65 BLDG D .010416 INT COMMON LAND & ELE THE GROVEWOOD CONDO
Census Tract431506
Assessed Land Value$33,675
Assessed Improvement Value$143,561
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

$140,451Estimated Mortgage Balance
$38,549Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

Interested in this property?

Sarah Sulma

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
$353/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,570
$177,236
2025
$33,675
$143,561
$177,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,570
$177,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$146,400
No
First
Feb 5, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,451
$38,549
21%
78%
$878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,231/mo
+$309/mo
10.3%

City: Houston

855 Augusta Drive 27 | Property Details | No Agent List