Off-Market Condo at 2425 Augusta Dr, Houston, TX 77057

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $86 per day and long-term for an average of $1,455 per month, based on similar listings in the area. Estimated short-term cap rate of -0.2%. Estimated long-term cap rate of -0.4%. Discover this charming 1-bedroom, 1-bathroom condo in the heart of the Galleria Area. Enjoy a spacious living area with a cozy fireplace, a stylish kitchen, in-unit laundry, and a private balcony—perfect for morning coffee or evening relaxation. Recent Updates: 2021: New windows, balcony, and front door. 2022: Renovated shower, updated floors, new kitchen countertop, sink, garbage disposal, fresh paint, and bedroom ceiling fan. 2023: New AC unit and washer/dryer. 2024: New blinds. The community offers a refreshing pool and ample parking, with one assigned spot and plenty of guest spaces. Conveniently located near H-E-B, the Galleria Mall, River Oaks District, Highland Village, and Memorial Park, with easy access to Hwy 59, 610, I-10, and the Westpark Tollway. Don’t miss this opportunity—schedule your showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$444
Rental Policy
daily
Yearly Taxes
$2311
Bedrooms
1
Bathrooms
1
SQFT
948
Furnished
N/A
Year built
1977
Listing Status
Off Market
MLS
67237318

Short-term Rental Potential
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$17,844

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$174

Price/SQFT

Long-term Rental Potential
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$17,460

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,455/mo

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