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Owner Contacts

$168,175

NAL Estimated Property Value

1515 Sandy Springs Rd # 2605, Houston, TX, 77042

Off Market

2 Beds

3 Bath

1,225 Sq Ft

Condos / Townhouses

$1.39 / sqft

Built in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

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

FlooringTile, Wood

Exterior

Private Pool

Building Information

Year Built1982

Stories2

Land Information

APN1153410220005

SubdivisionLynbrook Manor Condo Ph 2

Land UseResidential

Legal DescriptionUNIT 2605 BLDG Z .005426 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2

Census Tract451100

Assessed Land Value$31,953

Assessed Improvement Value$136,222

Assessment Year2025

About this property

Available November 1st!! Striking 2 bedroom/2.5 bathroom corner unit in the Lynbrook Manor Condominiums and located close to the Energy Corridor, Westside Tennis Club, Terry Hershey Park & City Centre shopping/dining. Washer/Dryer/Refrigerator/Water all included! First floor living offers an open concept with living room, dining area and granite kitchen with stainless steel appliances and pantry. Half bath downstairs as well. Primary bedroom with home office space has a tree-house feel with bathroom double sinks, vanity, shower/tub and walk-in closet. Secondary bedroom features an en suite bath with shower/tub. Nice natural light throughout! Fenced patio is perfect to hang out with friends/family and enjoy outdoor weather. Assigned covered parking spot just outside the back door. Complex pool nearby to enjoy and lush landscaping throughout the community. MAKE YOUR APPOINTMENT TODAY! Pets case by case basis. All info per Landlord.

Investor Tools

$168,175

Estimated Property Value

$0Estimated Mortgage Balance

$168,175Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,009 /month

Positive

Cash Flow Estimate:

$336 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$334/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,171

$168,175

2025

$31,953

$136,222

$168,175

Tax History

Year

Tax Paid

Assessed Value

2024

$3,171

$168,175

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$168,175

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,430/mo

N/A

+$1,430/mo

10.2%

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