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$149,366

NAL Estimated Property Value

1515 Sandy Springs Rd # 2501, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,185 Sq Ft
price_per_sqft$147.68 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Laminate, Wood

Building Information

Year Built1982
Stories2

Land Information

APN1153410210001
SubdivisionLynbrook Manor Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2501 BLDG Y .005426 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2
Census Tract451100
Assessed Land Value$28,380
Assessed Improvement Value$120,986
Assessment Year2025

About this property

Beautifully updated two bedroom home in Lynbrook Manor. Wood laminate flooring and plush neutral carpet! The kitchen has updated cabinets, granite counter tops and stainless appliances! Washer and dryer are tucked away out of sight in the kitchen. This END UNIT has abundant NATURAL LIGHT with front, back and side windows! Downstairs powder room for your guests! Upstairs bedrooms offer great closet space. The master is spacious with a sitting area or space for a small desk. Enjoy the private fenced patio off the dining area. Front and back doors makes for easy access and is an excellent feature. The community is well maintained with easy access to Beltway 8 or I 10. No updating required, move-in ready! NO FLOODING! *All information is deemed accurate but not guaranteed, so please verify if it is important to you.

Investor Tools

Property Icon
$149,366
Estimated Property Value
$0Estimated Mortgage Balance
$149,366Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
$456/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,792
$149,366
2025
$28,380
$120,986
$149,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,792
$149,366

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,366
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$456/mo
+$974/mo
11.5%

City: Houston

1515 Sandy Springs Rd # 2501 | Property Details | No Agent List