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B+
NoAgentList RatingHow are grades calculated?Info
Days132Days on Market
Views1view
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$65,000

9550 Deering Dr Apt 405, Houston, TX, 77036

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths651 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$99.85 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Dryer, Washer, Dishwasher

Building Information

Year Built1979
Stories1

Land Information

APN1143350040005
SubdivisionVineyard T/H Condo
Land UseResidential
Legal DescriptionUNIT 405 BLDG D .01714 INT COMMON LAND & ELE VINEYARD T/H CONDO
Census Tract433504
Assessed Land Value$10,213
Assessed Improvement Value$43,537
Assessment Year2025

About this property

The property is situated within an established area of southwest Houston with convenient access to major thoroughfares, retail centers, and local services. The site features a well-positioned structure set on a regularly shaped lot, allowing for functional use of space and ease of access, great opportunity for investors.

Investor Tools

$151,423Estimated 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
$390 /month
Positive
Cash Flow Estimate:
$130 /month

Interested in this property?

Mohammed Al-Jammal

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
$214/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$658
$53,750
2025
$10,213
$43,537
$53,750
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$658
$53,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Florida Lending Fund Llc
Building Or Construction Loan
$161,636
No
First
Feb 3, 2023
Mar 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,423
N/A
0%
237%
$970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$1,184/mo
$-89/mo
20.5%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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