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Owner Contacts

$154,222

NAL Estimated Property Value

1515 Sandy Springs Rd Apt 1601, Houston, TX, 77042

Off Market

2 Beds

2 Bath

1,117 Sq Ft

Condos / Townhouses

$111.91 / sqft

Built in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Building Information

Year Built1982

Stories2

Land Information

APN1153410120001

SubdivisionLynbrook Manor Condo Ph 2

Land UseResidential

Legal DescriptionUNIT 1601 BLDG P .004895 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2

Census Tract451100

Assessed Land Value$29,302

Assessed Improvement Value$124,920

Assessment Year2025

About this property

This beautiful two-bedroom, one-and-a-half-bath condo is in the sought-after community of Lynbrook Manor. This condo is unique with having so many windows. First thing you will notice is how bright the open first floor living space is. The kitchen features custom soft closing cabinets, granite countertops and stainless steal appliances. The space flows from the kitchen into the eating area and living room for that open concept feel. Guest Powder Bathroom Downstairs. The second floor bosts the primary and secondary bedrooms, Master bathroom and powder sink, walk-in closet & lots of storage space. Enjoy several pools, park and gazibo, and of course your own Covered Parking. Great Location: Next to Westside Tennis Club, Lakeside Country Club, Minutes From Memorial City Mall, City Centre, Energy Corridor, Westchase and Quick Access to Beltway 8, Hwy 6, I-10, and Westpark Toll. Maintenance Fee Includes Water, Trash, Sewer, and Exterior. Make Lynbrook Manor your home

Investor Tools

$154,222

Estimated Property Value

$96,159Estimated Mortgage Balance

$58,063Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$925 /month

Positive

Cash Flow Estimate:

$308 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$319/month

$364/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,056

$154,222

2025

$29,302

$124,920

$154,222

Tax History

Year

Tax Paid

Assessed Value

2024

$3,056

$154,222

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$105,300

First

Oct 1, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$96,159

$58,063

37%

62%

$632/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,430/mo

$996/mo

+$434/mo

11.1%

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