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Owner Contacts

$160,600

NAL Estimated Property Value

1330 Old Spanish Trl Apt 2311, Houston, TX, 77054

Off Market

1 Beds

1 Bath

726 Sq Ft

Condos / Townhouses

$1.65 / sqft

Built in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Oven

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1995

Land Information

APN1230770020039

SubdivisionCity Plaza Condo

Land UseResidential

Legal DescriptionUNIT 2311 BLDG 2 .0036 INT COMMON LAND & ELE CITY PLAZA CONDO

Census Tract314402

Assessed Land Value$30,514

Assessed Improvement Value$130,086

Assessment Year2025

About this property

CITY PLAZA CONDO GATED COMMUNITY _TOP FLOOR1 BED 1 BATH FLOOR-PLAN VAULTED HIGH CEILING,BRIGHT AND SPACIOUS 726 SQFT_ LOCATED IN TEXAS MEDICAL CENTER. WELL MAINTAINED BY OWNER AND NEVER LEASED BEFORE. HARDWOOD FLOOR IN LIVING AND DINING AREA_BEDROOM & CLOSET HAS CARPET REPLACED IN 2020. BEDROCK CURTAIN IN BEDROOM, MAGNETIC SCREEN DOOR, AND TWO CHAIRS IN BALCONY ARE INCLUDED REFRIGERATOR,WASHER AND DRYER INSIDE THE UNIT_ NICE SIZE BALCONY AND ALSO STEP OUT TO RELAX BY THE COMMUNIT POOL, COURT YARD AND COMMON AREA. LESS THAN A MILE FROM GROCERY STORES, RESTAURANTS AND METRO RAIL STOP & A QUICK DRIVE TO THE MEDICAL CENTER. READY TO MOVE AND MUST SEE! NO PETS & NO SMOKE ALLOWED PLEASE.

Investor Tools

$160,600

Estimated Property Value

$0Estimated Mortgage Balance

$160,600Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$964 /month

Positive

Cash Flow Estimate:

$321 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$347/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,360

$160,600

2025

$30,514

$130,086

$160,600

Tax History

Year

Tax Paid

Assessed Value

2024

$3,360

$160,600

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$160,600

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,400/mo

N/A

+$1,400/mo

10.5%

Learn About the Market: Opportunity in Houston

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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.

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