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$94,000

NAL Estimated Property Value

2011 Spenwick Dr Apt 212, Houston, TX, 77055

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths742 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.03 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Washer/Dryer
FlooringCarpet

Building Information

Year Built1982
Stories1

Land Information

APN1153530020003
SubdivisionSpring Point 2 Condo Ph 1
Land UseResidential
Legal DescriptionTH 212 BLDG B 1.4834 INT COMMON LAND & ELE SPRING POINT 2 CONDO PH 1
Census Tract520604
Assessed Land Value$15,554
Assessed Improvement Value$66,308
Assessment Year2025

About this property

Step into this inviting ground-level condo nestled within a secure gated community. This freshly updated home offers a cozy space with new paint and flooring, creating a welcoming atmosphere. Upon entering, you'll find a bright and airy layout that maximizes natural light, providing a comfortable living area that seamlessly flows into a practical kitchen space equipped with essential appliances and ample storage. The bedroom offers a tranquil retreat, ensuring privacy and a serene ambiance for relaxation. Outside your door, the gated community offers various amenities, including green spaces and communal areas for socializing. Conveniently situated near essential amenities, entertainment options, this condo in a gated community provides a blend of comfort, security, and accessibility for a fulfilling lifestyle. Whether you're a first-time homeowner or seeking a low-maintenance yet inviting abode, this condominium offers a warm haven in a secure community setting.

Investor Tools

Property Icon
$94,000
Estimated Property Value
$67,540Estimated Mortgage Balance
$26,460Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$81,862
2025
$15,554
$66,308
$81,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$81,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$70,400
No
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,540
$18,460
21%
72%
$423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$773/mo
+$322/mo
14.0%

City: Houston

2011 Spenwick Dr Apt 212 | Property Details | No Agent List