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$166,500

1404 Walnut Bend Lane #23, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,584 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$105.11 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesFront Green Space
Lot Size1,838 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN0963570010011
SubdivisionWalnut Bend
Land UseResidential
Legal DescriptionTR K-1 RES A WALNUT BEND SEC 6 R/P
Census Tract450803
Assessed Land Value$27,570
Assessed Improvement Value$201,779
Assessment Year2025

About this property

This property presents an excellent opportunity for your next investment or future home. While it requires some minor repairs and attention, the potential for rental income is substantial. Situated conveniently near bus lines, schools, and local shopping, this townhome offers easy access to essential amenities and transportation, making it attractive for future tenants. Property Features include; Half bathroom located on the ground floor, three bedrooms upstairs, covered rear patio, and a two-car attached garage. With a little care and attention. A visit will reveal the endless possibilities this townhome offers for investors and homeowners.

Investor Tools

$34,332Estimated Mortgage Balance
$195,017Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,376 /month
Positive
Cash Flow Estimate:
$459 /month

Interested in this property?

Larry Durham

Durmoye Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$1,791/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,770
$229,349
2025
$27,570
$201,779
$229,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,770
$229,349

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
G&F Homes Llc
Unknown
$35,000
No
First
Sep 2, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,332
$195,017
85%
15%
$210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$2,001/mo
$-121/mo
9.8%

City: Houston

1404 Walnut Bend Lane #23 | Property Details | No Agent List