$139,764
NAL Estimated Property Value1515 Sandy Springs Rd # 2201, Houston, TX, 77042
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile
Building Information
Year Built1982
Stories2
Land Information
APN1153410180001
SubdivisionLynbrook Manor Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2201 BLDG V .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
Extremely beautiful end unit with great light. Vaulted ceilings in the primary bedroom, Hollywood bath. Courtyard in the front, park area at the back entrance. Freshly painted with new flooring. It's all about location, location!!!
Investor Tools
$139,764
Estimated Property Value
$98,429Estimated Mortgage Balance
$41,335Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$395/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,774
$139,764
2025
$26,555
$113,209
$139,764
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,774
$139,764
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$109,250
No
First
Mar 8, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,429
$43,571
30%
70%
$656/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,051/mo
+$379/mo
12.3%
