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$138,999

8787 Brae Acres Rd Apt 1114, Houston, TX, 77074

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,090 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$119.27 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983
Stories1

Land Information

APN1153620110014
SubdivisionBrae Acres T/H Condo
Land UseResidential
Legal DescriptionTH 1114 BLDG K .00835 INT COMMON LAND & ELE BRAE ACRES T/H CONDO AMEND
Census Tract422800
Assessed Land Value$26,410
Assessed Improvement Value$112,589
Assessment Year2025

About this property

GREAT BEGINNINGS! ALL THE COMFORTS OF HOME and no work to do when you own this easy-care Townhouse! The Perfect Fit! This cozy 2 bedroom Townhouse will appeal to you. Island kitchen offers a cozy breakfast nook and open to living room and dining area with beautiful crown molding! This cute abode is located near Houston Baptist University, parks, shopping centers and minutes away from the Galleria! AESTHETICALLY BEAUTIFUL, CALL NOW.

Investor Tools

Property Icon
$138,999
Estimated Property Value
$112,800Estimated Mortgage Balance
$35,991Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,930
$138,999
2025
$26,410
$112,589
$138,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,930
$138,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$112,800
No
First
Oct 15, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,008
$35,991
25%
74%
$677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,002/mo
+$305/mo
11.3%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8787 Brae Acres Rd Apt 1114 | Property Details | No Agent List