B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$172,000

857 Wax Myrtle Lane, Houston, TX, 77079

Off Market

1 Beds

1 Bath

903 Sq Ft

Condos / Townhouses

$153.93 / sqft

Built in 1969

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator

FlooringLaminate, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1969

Stories1

Land Information

APN1102340000004

SubdivisionGeorgetown T/H

Land UseResidential

Legal DescriptionUNIT 4 BLDG N .001310 INT COMMON LAND & ELE GEORGETOWN T/H

Census Tract450100

Assessed Land Value$30,032

Assessed Improvement Value$128,032

Assessment Year2025

About this property

Wonderful hard to find 1 bedroom, 1 bathroom corner first floor unit in Georgetown. Move-in ready and in great condition. Home updated with paint, crown molding, windows, front door, back patio cover, plumbing with this unit and under-slab plumbing, patio french doors, appliances, two-inch blinds, toilet, sinks and HVAC system. Amazing location deep in the neighborhood on a cul-de-sac with lots of extra parking and near the neighborhood pool. Covered parking with reserved space and nice storage unit. Zoned to excellent SBISD schools...Rummel Creek, Memorial Middle and Stratford. Near City Centre and major thoroughfares! Great place to call home!

Investor Tools

$172,000

Estimated Property Value

$0Estimated Mortgage Balance

$172,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,032 /month

Positive

Cash Flow Estimate:

$344 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$217/month

$254/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,748

$158,064

2025

$30,032

$128,032

$158,064

Tax History

Year

Tax Paid

Assessed Value

2024

$1,748

$158,064

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$172,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,340/mo

$254/mo

+$1,086/mo

9.3%

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