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Owner Contacts

$196,000

NAL Estimated Property Value

1330 Old Spanish Trl Apt 4311, Houston, TX, 77054

Off Market

2 Beds

1 Bath

909 Sq Ft

Condos / Townhouses

$198.02 / sqft

Built in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1995

Garage Spaces1

Land Information

APN1230770040035

SubdivisionCity Plaza Condo

Land UseResidential

Legal DescriptionUNIT 4311 BLDG 4 .0044 INT COMMON LAND & ELE CITY PLAZA CONDO

Census Tract314402

Assessed Land Value$35,368

Assessed Improvement Value$150,781

Assessment Year2025

About this property

Welcome to unit 4311 a private paradise in the sky. Extremely well kept and updated 2/1 with PRIVATE 1 CAR GARAGE with separate deed, in the desirable City Plaza Condos! Upgrades include recent carpet, A/C, water heater and full-size appliances (refrigerator, W&D, and Stove)! Ideal floorplan, living room opens to the kitchen/dining room. Spacious yet cozy bedrooms with huge master closet and double vanity bathroom with soaking tub! The personal patio is the perfect place to relax while enjoying views of the berry tree. Tons of storage options including patio closet and your own exclusive garage that transfers with purchase! Enjoy the extravagant amenities this community has to offer! 24/7 manned gate, sparkling pool, gym, clubhouse, and open parking! Located within minutes of NRG, Texas Medical Center and the bus route! HOA fee includes high speed internet! Walking distance to so much, or bike to work.

Investor Tools

$196,000

Estimated Property Value

$137,574Estimated Mortgage Balance

$58,426Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,176 /month

Positive

Cash Flow Estimate:

$392 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$406/month

$356/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,895

$186,149

2025

$35,368

$150,781

$186,149

Tax History

Year

Tax Paid

Assessed Value

2024

$3,895

$186,149

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$152,999

First

Feb 5, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$137,574

$48,575

26%

70%

$918/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,400/mo

$1,274/mo

+$126/mo

8.6%

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.

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