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$249,900

1711 Old Spanish Trl Apt 407, Houston, TX, 77054

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,233 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.68 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Building Information

Year Built2005

Land Information

APN1279510000163
SubdivisionThe Valencia Condo
Land UseResidential
Legal DescriptionUNIT 407 .0051 INT COMMON LAND & ELE THE VALENCIA CONDO
Census Tract314401
Assessed Land Value$49,674
Assessed Improvement Value$211,767
Assessment Year2025

About this property

Conveniently located Mediterranean-style mid-rise condo near Metro Light Rail offers easy access to Houston's attractions. Top floor unit with no upstairs neighbors and balcony views of the city and NRG Stadium. Enjoy access to pool, gym, and clubhouse. Free water, free WiFi, free parking, only electricity bill. Refrigerator, washer, dryer included. Two levels of covered garage parking with elevator access. Minutes from Medical Center, Zoos, Museums, NRG Stadium, and Downtown/Midtown. Please verify room size and schools

Investor Tools

$169,372Estimated Mortgage Balance
$93,643Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,569 /month
Positive
Cash Flow Estimate:
$523 /month

Interested in this property?

Holly Yu

Texas Signature Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
$536/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,124
$261,441
2025
$49,674
$211,767
$261,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,124
$261,441

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resicentral Llc
Conventional
$183,750
No
First
Mar 11, 2022
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,372
$92,069
35%
65%
$1,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,638/mo
+$32/mo
7.7%

City: Houston

1711 Old Spanish Trl Apt 407 | Property Details | No Agent List