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$115,000

1515 Sandy Springs Road 3001, Houston, TX, 77042

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,108 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.79 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Washer/Dryer

Building Information

Year Built1982
Stories1

Land Information

APN1153410260001
SubdivisionLynbrook Manor Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 3001 BLDG DD .004856 INT COMMON LAND & ELE LYNBROOK MANOR CONDO PH 2
Census Tract451100
Assessed Land Value$27,937
Assessed Improvement Value$119,102
Assessment Year2025

About this property

Lovely 2-bedroom, 2-bath ground-floor condo in the desirable Lynbrook Manor community. FRESH INTERIOR PAINT AND NEWLY INSTALLED CARPET IN MAY 2026. Situated directly across from the pool, this unit offers convenience, comfort, and a great location. Ideal for investors or buyers seeking a low-maintenance lifestyle, with easy access to Houston’s shopping, dining, and commuter routes. Enjoy single-level living in a well-maintained community with mature landscaping and great amenities. Check it out!

Investor Tools

$55,863Estimated Mortgage Balance
$91,176Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

Interested in this property?

Valerie Diaz

Keller Williams Realty Southwest

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$545
$147,039
2025
$27,937
$119,102
$147,039
No

Tax History

Year
Tax Paid
Assessed Value
2020
$545
$147,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$71,100
No
First
Apr 29, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,863
$91,176
62%
38%
$427/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$932/mo
+$498/mo
11.7%

City: Houston

1515 Sandy Springs Road 3001 | Property Details | No Agent List