1Days on Market

4view

$139,900

8787 Brae Acres Rd. 607 Brae Acres Road #607, Houston, TX, 77074

On Market

Just Added

2 Beds

2 Bath

1,090 Sq Ft

Condos / Townhouses

$128.35 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringVinyl Plank

Exterior

Lot Size3.94 acres

Building Information

Year Built1983

Stories1

Land Information

APN1153620060007

SubdivisionBrae Acres T/H Condo

Land UseResidential

Legal DescriptionTH 607 BLDG F .00836 INT COMMON LAND & ELE BRAE ACRES T/H CONDO AMEND

Census Tract422800

Assessed Land Value$21,946

Assessed Improvement Value$93,560

Assessment Year2025

About this property

Step into comfort and a real beauty which has been UPDATED throughout. This is a stunning, light filled 1ST Floor 2 bedroom 2 bath. It has been specially updated with NEW PAINT, NEW appliances including REFRIGERATOR, WASHER/DRYER, MICROWAVE, and WASHER/DRYER. Plus NEW CABINETS in kitchen & baths The home features a spacious floorplan with NEW PLANK VINYL FLOORING throughout. Also added were NEW CEILING FANS with remotes. Enjoy meals and entertaining in the dining area, open to living room with cozy woodburning fireplace. Plus a private, fenced patio is open to the living area and is yours to be enjoyed. The two bedrooms each have an en-suite bath and large walk-in closet. Conveniently located in the home is NEW full size washer & dryer. The complex offers a nice pool plus covered and uncovered parking. The property is minutes from US 69, schools, shopping and medical.

Investor Tools

$0Estimated Mortgage Balance

$119,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$839 /month

Positive

Cash Flow Estimate:

$280 /month

Interested in this property?

Kiki Dixson

Dixson Realty Services

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$240/month

$450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,288

$115,506

2025

$21,946

$93,560

$115,506

Tax History

Year

Tax Paid

Assessed Value

2024

$2,288

$115,506

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$119,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$450/mo

+$857/mo

13.2%

Learn About the Market: Opportunity in Houston

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