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Days68Days on Market
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$155,000

1715 Moritz Drive 4, Houston, TX, 77055

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.05 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile

Building Information

Year Built1969
Stories2

Land Information

APN1101760000004
SubdivisionMoritz Village
Land UseResidential
Legal DescriptionUNIT 4 BLDG A .0272 INT COMMON LAND & ELE MORITZ VILLAGE T/H CONDO
Census Tract520700
Assessed Land Value$26,996
Assessed Improvement Value$115,086
Assessment Year2025

About this property

Rare opportunity to own a 2-bedroom, 1.5-bath townhome in the heart of Spring Branch, zoned to highly sought-after Spring Branch ISD schools, including Valley Oaks Elementary and Memorial High School. Step inside to an open-concept floor plan featuring a spacious living area filled with natural light. The kitchen offers rich cabinetry, ample counter space with a serving bar, and a stylish mosaic tile backsplash, flowing into the dining area. A sliding glass door leads to a private enclosed patio, perfect for relaxing or enjoying your morning coffee. Upstairs, you'll find 2 generously sized bedrooms with wood-look flooring. Additional features include a full bath upstairs, a convenient half bath downstairs, an indoor laundry area, and covered parking directly behind the unit. Ideally located near Memorial City, CityCentre, I-10, Beltway 8, shopping, dining, and entertainment, this move-in-ready home offers low-maintenance living with easy access to Downtown Houston and the Galleria.

Investor Tools

$0Estimated Mortgage Balance
$142,082Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

Interested in this property?

Andrea Saavedra

RE/MAX Real Estate Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,603
$142,082
2025
$26,996
$115,086
$142,082
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,603
$142,082

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,082
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$500/mo
+$807/mo
11.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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