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Owner Contacts

$171,000

NAL Estimated Property Value

9850 Pagewood Lane 406, Houston, TX, 77042

Off Market

2 Beds

3 Bath

1,520 Sq Ft

$108.22 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1983

Garage Spaces2

Land Information

APN1157930040006

SubdivisionWestchase Forest Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 406 BLDG D .004040 INT COMMON LAND & ELE WESTCHASE FOREST CONDO PH 1

Census Tract432401

Assessed Land Value$30,792

Assessed Improvement Value$131,269

Assessment Year2025

About this property

Charming end unit with lots of windows in the quiet, well maintained Westchase Forest. The open living area has a cozy fireplace and opens to your private gated patio with plenty of space for a grill and seating area. Updated kitchen w/ granite countertops, stainless appliances and an updated farm kitchen sink. Two spacious bedrooms, each with two walk-in closets and their own baths, there is plenty of room for all your possessions (remodel updated built in closets in the primary bedroom). Nice fresh coat of paint. New laminate wood flooring and new fluffy carpet upstairs. Fridge, washer and dryer stay. HOA includes cable, internet, water, garbage pick-up, building insurance, and all landscaping. Enjoy easy access to Westpark Tollway, Sam Houston Parkway and Southwest freeway. Located in the desirable Westchase district, Centrally located, 5 mins to international district, 10 mins to City Centre, 10 Mins to Galleria, 20 Mins to Energy Corridor, 20-25 Mins from Downtown/Midtown!

Investor Tools

$171,000

Estimated Property Value

$151,727Estimated Mortgage Balance

$19,273Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,026 /month

Positive

Cash Flow Estimate:

$342 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$204/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,592

$162,061

2025

$30,792

$131,269

$162,061

Tax History

Year

Tax Paid

Assessed Value

2024

$1,592

$162,061

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Draper & Kramer Mortgage Corp

Fha

$165,838

Yes

First

Nov 19, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$151,727

$19,273

11%

89%

$995/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,430/mo

$1,395/mo

+$35/mo

10.0%

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