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$100,000

NAL Estimated Property Value

9700 Leawood Boulevard 216, Houston, TX, 77099

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
price_per_sqft$73.97 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1982

Land Information

APN1155800070009
SubdivisionLeawood Condo
Land UseResidential
Legal DescriptionUNIT 709 BLDG G .275 INT COMMON LAND & ELE LEAWOOD CONDO SEC 1
Census Tract453404
Assessed Land Value$17,714
Assessed Improvement Value$75,517
Assessment Year2025

About this property

This 2-bedroom, 2-bathroom condo offers an excellent opportunity for both investors and buyers seeking an affordable primary residence. Located in the Leawood Condominiums community, this unit features a functional layout with an open living and dining area, and is in overall good condition and ready for immediate occupancy or rental. Whether you're looking to expand your rental portfolio or settle into a low-maintenance home with convenient access to I-59 and Beltway 8, this property checks all the boxes. One assigned parking space is included, and the gated community offers added peace of mind. Don't miss this flexible investment in a well-connected Houston location.

Investor Tools

Property Icon
$100,000
Estimated Property Value
$0Estimated Mortgage Balance
$100,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
$368/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,161
$93,231
2025
$17,714
$75,517
$93,231
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,161
$93,231

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$368/mo
+$939/mo
15.7%

Learn About the Market: Opportunity in Houston

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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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9700 Leawood Boulevard 216 | Property Details | No Agent List