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Owner Contacts

$294,161

NAL Estimated Property Value

880 Tully Rd Apt 2, Houston, TX, 77079

Off Market

4 Beds

3 Bath

2,338 Sq Ft

Condos / Townhouses

$127.89 / sqft

Built in 1975

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dishwasher

Exterior

Lot Size2,431 sqft

Building Information

Year Built1975

Stories2

Garage Spaces2

Land Information

APN1060370010002

SubdivisionVilla Verde R/P

Land UseResidential

Legal DescriptionLT 2 .010000 INT COMMON LAND & ELE VILLA VERDE R/P

Census Tract450302

Assessed Land Value$78,120

Assessed Improvement Value$216,041

Assessment Year2025

About this property

Beautiful town house conveniently located in Energy corridor, close to major freeway, City Centre, Memorial City Mall and Galleria assigned to exemplary Spring Branch ISD. Incredible renovation!!! MOVE IN READY! This mesmerizing two-story townhome has been completely remodeled with high end materials and appliances that make this one of the most elegant homes in the area. Fresh paint throughout, new flooring, new double paned windows, new PEX piping, completely remodeled kitchen featuring white quartz countertop, new cabinets and stainless energy star appliances. ALL APPLIENCES ARE INCLUDED!!!Completely renovated 4 bedrooms and 3 bathrooms, all new lighting and ceiling fixtures and so much more! Outdoors you have attached 2 car parking garage with storage in addition to your own private patio. There is a courtesy patrol and onsite staff to meet the needs of the residents. Schedule your showing today! Do not miss on this great opportunity!!!

Investor Tools

$294,161

Estimated Property Value

$268,991Estimated Mortgage Balance

$25,170Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,794 /month

Positive

Cash Flow Estimate:

$598 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$399/month

$247/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,318

$294,161

2025

$78,120

$216,041

$294,161

Tax History

Year

Tax Paid

Assessed Value

2024

$3,318

$294,161

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Fha

$281,310

Yes

First

Dec 13, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$268,991

$25,170

91%

$1,687/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,730/mo

$1,934/mo

+$796/mo

11.1%

Learn About the Market: Opportunity in Houston

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