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$139,764

1515 Sandy Springs Rd # 2104, Houston, TX, 77042

SoldInfo
7/10/26
Beds2 Beds
Baths2 Bath
Baths1,117 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$134.2 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Washer/Dryer

Building Information

Year Built1982
Stories2

Land Information

APN1153410170004
SubdivisionLynbrook Manor Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2104 BLDG U .004895 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2
Census Tract451100
Assessed Land Value$26,555
Assessed Improvement Value$113,209
Assessment Year2025

About this property

Beautifully remodeled corner unit in a desirable West Memorial location! This move-in-ready condo features a stunning new kitchen with stylish cabinetry, quartz countertops, and brand-new stainless steel appliances. Luxury vinyl plank flooring flows throughout, creating a modern and inviting feel. The spacious living room offers a cozy fireplace, while the breakfast nook opens to a private patio perfect for relaxing or entertaining. Both bedrooms feature generous walk-in closets. The upstairs bathroom has been tastefully updated with new tile, vanity, countertop, plumbing fixtures, and lighting. As a corner unit, it offers added privacy and convenient covered parking directly outside the back entrance. Fresh paint. The well-maintained community features attractive grounds and an on-site courtesy patrol officer. Conveniently located near shopping, dining, major commuter routes, Hershey Park, and Westside Tennis Club. A must-see opportunity!

Investor Tools

Property Icon
$139,764
Estimated Property Value
$70,000Estimated Mortgage Balance
$70,067Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$454/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,233
$139,764
2025
$26,555
$113,209
$139,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,233
$139,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mr Properties
Purchase Money Mortgage
$70,000
No
First
Apr 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,697
$70,067
50%
50%
$420/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$874/mo
+$556/mo
12.3%

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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1515 Sandy Springs Rd # 2104 | Property Details | No Agent List