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$127,252

NAL Estimated Property Value

8787 Brae Acres Road 102, Houston, TX, 77074

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,090 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$96.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1983
Stories1

Land Information

APN1153620010002
SubdivisionBrae Acres T/H Condo
Land UseResidential
Legal DescriptionTH 102 BLDG A .00833 INT COMMON LAND & ELE BRAE ACRES T/H CONDO AMEND
Census Tract422800
Assessed Land Value$24,178
Assessed Improvement Value$103,074
Assessment Year2025

About this property

Meticulously maintained upstairs 2-bedroom and 2-bathroom condo. Exquisitely upgraded with granite countertops in the kitchen & bathrooms (2021), new sinks, ceiling fans, vanity and lighting fixtures (2021). Brand-new high-quality laminate flooring throughout (2021), new stainless steel appliances including refrigerator, range, dishwasher, and microwave (2021). Professionally designed and includes art/recessed lightings, huge terrace, over-sized chef's kitchen, wood burning fireplace, and walk-in closets. Cloaked in inherent cosmopolitan charm, richly appointed amenities are paired with bright accents throughout (fresh paint 2021). Oversized windows invite natural light into every room. In house utility room includes a full-size washer/dryer. Monthly HOA covers assigned and covered parkings, basic cable, water/sewer, trash removal, grounds, exterior building & pool maintenance. NEVER FLOODED. Schedule your private showing today!

Investor Tools

Property Icon
$127,252
Estimated Property Value
$67,451Estimated Mortgage Balance
$59,801Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$764 /month
Positive
Cash Flow Estimate:
$255 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,281
$127,252
2025
$24,178
$103,074
$127,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,281
$127,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$72,000
No
First
Dec 22, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,451
$59,801
46%
53%
$432/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$757/mo
+$550/mo
12.3%

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 Road 102 | Property Details | No Agent List