$155,000
909 Silber Rd 28e Road #28E, Houston, TX, 77024
On Market
Just Added
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size2.09 acres
Building Information
Year Built1965
Stories1
Land Information
APN1133740000002
SubdivisionMemorial Woods Condo
Land UseResidential
Legal DescriptionTH 28 BLDG E .0180 INT COMMON LAND & ELE MEMORIAL WOODS CONDO
Census Tract430101
Assessed Land Value$23,948
Assessed Improvement Value$102,093
Assessment Year2025
About this property
Discover the perfect blend of style, comfort, and convenience in this beautifully renovated 2 bedroom, 1 bath condo nestled within a gated community near 610 Loop and I-10 just minutes from Memorial Parks scenic trails. Step inside to a bright, inviting interior with hard surface floors through out, no carpet! This condo is in excellent shape and is move in ready. Come enjoy low maintenance living in a highly desirable Houston Location!
Investor Tools
$80,633Estimated Mortgage Balance
$72,367Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
$398/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,422
$126,041
2025
$23,948
$102,093
$126,041
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,422
$126,041
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$91,700
No
First
Aug 31, 2020
Sep 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,633
$72,367
47%
53%
$550/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,050/mo
$948/mo
+$1,102/mo
16.1%
