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$185,000

1572 Silverpines Rd # 1572, Houston, TX, 77062

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$132.9 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesFront Green Space
Lot Size2,179 sqft

Building Information

Year Built1974
Stories2
Garage Spaces1

Land Information

APN0962770010067
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTR 1572 BLDG 9 RESEDA T/H U/R CLEAR LAKE CITY SEC 1
Census Tract340502
Assessed Land Value$34,216
Assessed Improvement Value$145,869
Assessment Year2025

About this property

It’s time to make the move to homeownership with this 3/2.5 townhome in the Clear Lake area. This is the perfect opportunity to own (or invest) w/ lots of upgrades: new roof, updated kitchen/baths, PEX piping throughout, solid core doors, new carpet & newer stainless steel appliances. Downstairs, enjoy the spacious living room with arched windows, woodburning fireplace & ½ bath. The kitchen features gorgeous Kraftmaid cabinetry, quartz counters & undercabinet lighting, plus an eating area. In house laundry is located on the 1st floor. Head out to the large covered patio with parking access via the beautiful double French doors. The primary bedroom upstairs has an ensuite with walk-in shower & a fantastic walk-in closet with an incredible organization system. The secondary bedrooms are of similar size and have another full bath to share. Close to so many amenities in the Clear Lake area & in CCISD–this is an opportunity you don’t want to miss!

Investor Tools

$0Estimated Mortgage Balance
$187,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

Interested in this property?

Laurie Long

RE/MAX Coastal

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,716
$180,085
2025
$34,216
$145,869
$180,085
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,716
$180,085

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$187,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$215/mo
+$1,507/mo
11.1%

City: Houston