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$175,723

8931 Gaylord Street 161, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths884 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$211.54 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1978
Stories1

Land Information

APN1119310000006
SubdivisionMemorial Green Condo Amend
Land UseResidential
Legal DescriptionTH 6 BLDG I .008864 INT COMMON LAND & ELE MEMORIAL GREEN CONDO AMEND
Census Tract430500
Assessed Land Value$33,387
Assessed Improvement Value$142,336
Assessment Year2025

About this property

Discover this gem located in a top-rated school district, offering the perfect combination of convenience, safety, and modern living. Situated in a quiet and family-friendly community, this home is ideal for buyers seeking comfort and practicality. This home is zoned to the highly sought-after Spring Branch School District. Just minutes from I-10, providing easy access to the city. Nearby, enjoy a variety of shopping centers, restaurants, and entertainment options. Feel secure with a police office located directly across the street. One of the few 2 bedroom homes in the community offering 2 full baths, perfect for families or entertaining guests. Featuring stunning white quartz countertops, adding elegance and functionality to the kitchen. Enjoy a peaceful environment, perfect for unwinding after a busy day. A rare find—ALL UTILITIES are inclusive, simplifying your budget and offering stress-free living.

Investor Tools

Property Icon
$175,723
Estimated Property Value
$0Estimated Mortgage Balance
$72,104Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,049
$175,723
2025
$33,387
$142,336
$175,723
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,049
$175,723

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Constant Investments Inc
Conventional
$111,800
No
First
Jun 10, 2022
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,619
$72,104
41%
59%
$671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,036/mo
+$874/mo
13.0%

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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8931 Gaylord Street 161 | Property Details | No Agent List