8Days on Market

4view

$2,300

1711 Old Spanish Trl Apt 443, Houston, TX, 77054

On Market

Just Added

2 Beds

2 Bath

1,183 Sq Ft

Condos / Townhouses

$1.94 / sqft

Built in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Exercise Room, Sprinkler System

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1279510000199

SubdivisionThe Valencia Condo

Land UseResidential

Legal DescriptionUNIT 443 .0049 INT COMMON LAND & ELE THE VALENCIA CONDO

Census Tract314401

Assessed Land Value$50,892

Assessed Improvement Value$216,960

Assessment Year2025

About this property

Sunny one story 2 bedroom/2 bath condo for lease! Located in The Valencia Condos off of Old Spanish Trail, this home features soaring ceilings, hardwood floors, granite counters, stainless steel appliances and washer/dryer included. Both bedrooms are well sized with large bathrooms and spacious walk-in closets. The Valencia is on the Light Rail line (Smith Lands station), making it very easy to get to campuses, hospitals/clinics in the Medical Center or alternatively NRG Stadium, Midtown and Downtown. Amenities include a pool and grilling area in a shaded section, plus a fitness center and 24 hour security. Lots of medical students, residents, physicians, pharmacy students, nursing students, etc. currently reside at The Valencia. Covered garage parking with security gate access within the building.

Investor Tools

$0Estimated Mortgage Balance

$267,852Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,607 /month

Positive

Cash Flow Estimate:

$536 /month

Interested in this property?

Michael Seder

eXp Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$585/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,676

$267,852

2025

$50,892

$216,960

$267,852

Tax History

Year

Tax Paid

Assessed Value

2024

$5,676

$267,852

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$267,852

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

N/A

+$1,670/mo

7.5%

Learn About the Market: Opportunity in Houston

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