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B+
NoAgentList RatingHow are grades calculated?Info

$195,607

NAL Estimated Property Value

9200 Westheimer Rd Apt 1602, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,340 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$175.3 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1253650160002
SubdivisionPiney Point
Land UseResidential
Legal DescriptionUNIT 1602 BLDG 16 .0064 INT COMMON LAND & ELE PINEY POINT PLACE CONDO AMEND
Census Tract431102
Assessed Land Value$37,165
Assessed Improvement Value$158,442
Assessment Year2025

About this property

Nestled within the gated community of Piney Point Place, just inside a courtyard lush with greenery, awaits the home you’ve been hoping to find. A rare 3 story “lock and leave” property, this is perfect for someone who travels frequently or would just prefer not to maintain a yard. You will have all the benefits of a well-manicured courtyard with seating just outside the front door, a sparkling pool, a clubhouse, and a well-designed gym, without any of the upkeep. Parking is easy with a private 2-car garage and plenty of visitor parking only steps away. The second floor is where you’ll find the kitchen, dining room, living room, laundry, and powder room. Kitchen boasts stainless appliances, granite countertops, pendant lighting and a lovely window allowing you to see when guests arrive. On the third floor are two generously sized bedrooms, each with en-suite bathrooms and walk-in closets. HUGE BONUS: Both AC units have been recently replaced, so you are ready for Houston summers!

Investor Tools

Property Icon
$195,607
Estimated Property Value
$245,495Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,745
$195,607
2025
$37,165
$158,442
$195,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,745
$195,607

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$246,925
Yes
First
Jan 13, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,495
N/A
0%
126%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$1,921/mo
$-421/mo
9.2%

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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9200 Westheimer Rd Apt 1602 | Property Details | No Agent List