B+

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Owner Contacts

$203,000

NAL Estimated Property Value

9200 Westheimer Road 1006, Houston, TX, 77063

Off Market

2 Beds

2 Bath

1,340 Sq Ft

Condos / Townhouses

$176.87 / sqft

Built in 2003

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringLaminate, Tile

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1253650100006

SubdivisionPiney Point

Land UseResidential

Legal DescriptionUNIT 1006 BLDG 10 .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

This corner unit shines like brand new, and not only has the Seller METICULOUSLY MAINTAINED this two bedroom condo, it has been updated with ALL NEW STAINLESS STEEL APPLIANCES, NEW HVAC, and much more! Enjoy living in the center of the city in a PRIVATE GATED COMMUNITY with no one living below or above you and a PRIVATE 2-CAR ATTACHED GARAGE. The community boasts many amenities of apartment living like a gated entrance, swimming pool, fitness center and fog parks--all maintained for you at one of the lowest monthly maintenance costs in Houston. The interior of this home will wow you from the moment you enter. The OPEN SECOND FLOOR living space where the CONTINUOUS WOOD LAMINATE FLOORS and remodeled kitchen with WHITE CABINETS, GRANITE COUNTERS, and NEW APPLIANCES rival new construction in this established community. The third floor bedrooms boasts wood laminate floors, fresh paint, and RENOVATED BATHROOMS with Granite counters and all new fixtures. Call this home before the holidays!

Investor Tools

$203,000

Estimated Property Value

$169,577Estimated Mortgage Balance

$33,423Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,422 /month

Positive

Cash Flow Estimate:

$474 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$425/month

$407/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,080

$195,607

2025

$37,165

$158,442

$195,607

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$4,080

$195,607

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Andrew Tran

Open End Mortgage / Open End With Future Advance Clause

$185,000

First

Dec 16, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$169,577

$33,423

16%

84%

$1,110/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,500/mo

$1,517/mo

$-17/mo

8.9%

Learn About the Market: Opportunity in Houston

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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.

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