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$79,000

1515 Sandy Springs Rd Apt 1006, Houston, TX, 77042

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths710 Sq Ft
price_per_sqft$111.27 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Electric Oven, Freestanding Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1982
Stories1

Land Information

APN1153410090006
SubdivisionLynbrook Manor Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 1006 BLDG J .003539 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 1
Census Tract451100
Assessed Land Value$17,016
Assessed Improvement Value$72,540
Assessment Year2025

About this property

Charming 1-bedroom, 1-bath condo located on the second floor, featuring an assigned covered parking space and a private balcony perfect for relaxing outdoors. The interior boasts durable vinyl plank flooring throughout, a dedicated dining area conveniently located next to the kitchen, and plenty of cabinets for storage. The bathroom includes a full vanity with sink and a shower/tub combination. Community amenities provide a truly carefree lifestyle, including hot and cold water, landscaping, roof and foundation coverage, building insurance, trash service, onsite porter, pest control, three sparkling pools, and a clubhouse—all set in a peaceful and serene environment.

Investor Tools

$0Estimated Mortgage Balance
$89,556Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$537 /month
Positive
Cash Flow Estimate:
$179 /month

Interested in this property?

Norberto Lopez

Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
$369/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,763
$89,556
2025
$17,016
$72,540
$89,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,763
$89,556

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$94,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$369/mo
+$831/mo
16.1%

City: Houston

1515 Sandy Springs Rd Apt 1006 | Property Details | No Agent List