1Days on Market

7view

$155,000

909 Silber Rd Apt 28e, Houston, TX, 77024

On Market

Just Added

2 Beds

1 Bath

792 Sq Ft

Condos / Townhouses

$195.71 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Freestanding Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Lot Size2.09 acres

Building Information

Year Built1965

Stories1

Land Information

APN1133740000002

SubdivisionMemorial Woods Condo

Land UseResidential

Legal DescriptionTH 28 BLDG E .0180 INT COMMON LAND & ELE MEMORIAL WOODS CONDO

Census Tract430101

Assessed Land Value$23,948

Assessed Improvement Value$102,093

Assessment Year2025

About this property

Immerse yourself in modern urban living with this beautifully renovated condo in a secure, gated community near Loop 610 and IH-10. Just minutes from Memorial Park's outdoor trails and The Galleria's dining and shopping. Enjoy a sleek, carpet-free interior with stylish hard-surface flooring, premium stainless steel appliances, a breakfast bar, and ample cabinet space in the kitchen. Oversized closets provide plenty of storage. Relax or entertain on your private patio in this quiet community with a sparkling pool. This Townhouse/Condo - Condominium property offers 2 bedrooms, 1 bathroom, 792 square feet, and was built in 1965 on a 89372 square foot lot.

Investor Tools

$80,969Estimated Mortgage Balance

$65,031Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$930 /month

Positive

Cash Flow Estimate:

$310 /month

Interested in this property?

Iurie Hadirca

NB Elite Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$179/month

$398/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,422

$126,041

2025

$23,948

$102,093

$126,041

Tax History

Year

Tax Paid

Assessed Value

2024

$1,422

$126,041

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Home Point Financial Corporation

Conventional

$91,700

First

Aug 31, 2020

Sep 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$80,969

$65,031

44%

55%

$550/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$948/mo

+$962/mo

15.7%

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