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$1,575

909 Silber Rd Apt 11b, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths880 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1965
Stories1

Land Information

APN1133710000005
SubdivisionMemorial Woods Condo
Land UseResidential
Legal DescriptionTH 11 BLDG B .0191 INT COMMON LAND & ELE MEMORIAL WOODS CONDO
Census Tract430101
Assessed Land Value$25,901
Assessed Improvement Value$110,419
Assessment Year2025

About this property

Beautifully remodeled, modern 2BR, 2BA condo with gorgeous kitchen and a private covered balcony overlooking the pool. Home has been updated with high-end finishes & fixtures as well as SMART features. The primary bedroom is huge & the secondary bedroom can be a guest suite or the perfect home office. The kitchen has quartz countertops, stainless steel appliances & stainless refrigerator plus a laundry closet with a stackable washer & dryer. SMART features include bathroom mirror with motion-sensor, closet lighting & front door lock. A private balcony overlooks a pool & courtyard providing a relaxing location for morning coffee or reading a great book. This spacious corner unit offers easy access & privacy as well as minimal shared walls. The community is in the prestigious Memorial area & just minutes from downtown, the Galleria, Memorial Park, the Energy Corridor, the Medical Center & the Heights!

Investor Tools

$15,015Estimated Mortgage Balance
$145,985Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

Interested in this property?

Melissa Franklin

RE/MAX Integrity

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,538
$136,320
2025
$25,901
$110,419
$136,320
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,538
$136,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rmc Vanguard Mortgage Corp
Stand Alone Refi (Refinance Of Original Loan)
$38,000
No
First
Sep 1, 2004
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,015
$121,305
88%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
N/A
+$1,910/mo
14.2%

City: Houston