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$122,738

NAL Estimated Property Value

2011 Spenwick Dr Apt 214, Houston, TX, 77055

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths896 Sq Ft
price_per_sqft$122.66 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983
Stories2

Land Information

APN1153530020005
SubdivisionSpring Point 2 Condo Ph 1
Land UseResidential
Legal DescriptionTH 214 BLDG B 1.7566 INT COMMON LAND & ELE SPRING POINT 2 CONDO PH 1
Census Tract520604
Assessed Land Value$23,320
Assessed Improvement Value$99,418
Assessment Year2025

About this property

Fabulous Condo in the heart of Spring Branch! This 1 bedroom 1.5 bath has been totally redone. New updates include HVAC to include evaporator coil and furnace as well as duct work. New PRO CORE luxury vinyl flooring planks downstairs and new carpet upstairs. New Quartz countertops throughout kitchen and baths, along with all new cabinetry, 5 burner electric smooth top range, dishwasher, microwave, and garbage disposal, toilets and ceiling fans. Great layout with open floor plan which also includes wood burning fireplace. Condo is very well lit with new LED lighting throughout. All colors are very neutral and unit has just been repainted from top to bottom. Primary bath has a large walk in closet and huge 5'X3' shower. Community is gated and also has a swimming pools. Ideal North/South exposure which insulates your energy costs even more. Covered spot#20. This Condo will provide you with many years of minimal upkeep. Make sure and add this one to your list and you won't be disappointed!

Investor Tools

Property Icon
$122,738
Estimated Property Value
$86,459Estimated Mortgage Balance
$36,279Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$736 /month
Positive
Cash Flow Estimate:
$245 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
$349/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,104
$122,738
2025
$23,320
$99,418
$122,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,104
$122,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$94,500
No
First
Nov 15, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,459
$36,279
29%
70%
$567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$916/mo
+$179/mo
10.7%

City: Houston

2011 Spenwick Dr Apt 214 | Property Details | No Agent List