Last 24 Hours
$120,000
9005 Gaylord Dr Apt 22, Houston, TX, 77024
On Market
1 Beds
1 Bath
672 Sq Ft
$178.57 / sqft
Built in 1978Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Heating Central
CoolingBuilding Information
Year Built1978
Stories1
Land Information
APN1141880050008
SubdivisionMemorial Grove
Land UseResidential
Legal DescriptionTH 22 BLDG E .0053 INT COMMON LAND & ELE MEMORIAL GROVE CONDO
Census Tract430500
Assessed Land Value$22,190
Assessed Improvement Value$94,597
Assessment Year2025
About this property
Quiet Condominium complex. Unit is across from area pool. One bed one bath owner is motivated and selling to move to a first level unit. Very well maintained condo in the Memorial Villages area.Covered parking comes with unit.
Investor Tools
$6,738Estimated Mortgage Balance
$112,262Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$720 /month
Positive
Cash Flow Estimate:
$240 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
$387/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$506
$116,787
2025
$22,190
$94,597
$116,787
No
Tax History
Year
Tax Paid
Assessed Value
2020
$506
$116,787
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
State Farm Bank Fsb
Conventional
$55,400
No
First
May 15, 2012
Jun 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,738
$112,262
94%
6%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$387/mo
+$1,213/mo
16.1%
12.4%