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$135,476

NAL Estimated Property Value

11201 Lynbrook Dr Apt 2903, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,225 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.47 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer

Building Information

Year Built1982
Stories2

Land Information

APN1153410250003
SubdivisionLynbrook Manor Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2903 BLDG CC .005426 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2
Census Tract451100
Assessed Land Value$28,958
Assessed Improvement Value$106,518
Assessment Year2025

About this property

NEWLY REMODELED 2-Bed, 2.5-Bath Condo in the Heart of Memorial. This newly remodeled 2-bedroom, 2.5-bath residence offers a rare combination of style, comfort, and flexibility. Recent upgrades include fresh paint, new carpeting, refinished bathtubs, and stunning white quartz countertops throughout the kitchen and bathrooms—delivering a clean, modern aesthetic. Enjoy peaceful pool views from the living room, which features a charming fireplace. The floor plan includes two spacious primary suites, perfect for roommates, guests, or a home office setup. Community amenities include three sparkling swimming pools, beautifully landscaped grounds, and assigned carport parking. HOA fees cover water, trash, sewer, limited basic cable, and exterior maintenance. Don’t miss out on this remodeled gem—schedule your showing today

Investor Tools

Property Icon
$135,476
Estimated Property Value
$118,837Estimated Mortgage Balance
$16,639Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,025
$135,476
2025
$28,958
$106,518
$135,476
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,025
$135,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gina W Watson
Stand Alone First / Home Equity First Lien
$120,600
No
First
Jul 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,837
$16,639
12%
88%
$724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,179/mo
+$251/mo
12.7%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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11201 Lynbrook Dr Apt 2903 | Property Details | No Agent List