40Days on Market

4view

$125,000

9029 Gaylord Dr Apt 125, Houston, TX, 77024

On Market

1 Beds

1 Bath

672 Sq Ft

Condos / Townhouses

$186.01 / sqft

Built in 1978

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Range, Dishwasher

FlooringSlate, Stone

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1978

Stories1

Land Information

APN1141880160007

SubdivisionMemorial Grove

Land UseResidential

Legal DescriptionTH 125 BLDG P .0054 INT COMMON LAND & ELE MEMORIAL GROVE CONDO

Census Tract430500

Assessed Land Value$22,190

Assessed Improvement Value$94,597

Assessment Year2025

About this property

FIRST-FLOOR 1-BEDROOM CONDO in the desirable Memorial area with PRIVATE PATIO and DIRECT ACCESS to the community pool! Unit P-125 offers 672 SQFT of comfortable living space with an OPEN living and dining layout, a functional kitchen with FULL APPLIANCE PACKAGE, and BRAND-NEW washer and dryer installed. The spacious bedroom features a WALK-IN CLOSET. The bathroom includes a convenient tub/shower combo. Enjoy beautifully maintained grounds, MULTIPLE SWIMMING POOLS, and on-site laundry facilities, with washer/dryer hookups available inside the unit. Conveniently located near shopping, dining, parks, and major roadways, this home offers easy Memorial-area living in the established Memorial Grove community.

Investor Tools

$0Estimated Mortgage Balance

$125,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$750 /month

Positive

Cash Flow Estimate:

$250 /month

Interested in this property?

Tonia Nicholas

Keller Williams Realty Southwest

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$110/month

$359/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$696

$116,787

2025

$22,190

$94,597

$116,787

Tax History

Year

Tax Paid

Assessed Value

2024

$696

$116,787

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$125,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,600/mo

$359/mo

+$1,241/mo

15.4%

Learn About the Market: Opportunity in Houston

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 This Area