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$69,000

NAL Estimated Property Value

2011 Spenwick Drive 519, Houston, TX, 77055

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths528 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$132.39 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Building Information

Year Built1983
Stories1

Land Information

APN1153530050010
SubdivisionSpring Point 2 Condo Ph 3
Land UseResidential
Legal DescriptionUNIT 519 BLDG E 1.0869 INT COMMON LAND & ELE SPRING POINT 2 CONDO PH 3
Census Tract520604
Assessed Land Value$11,756
Assessed Improvement Value$50,116
Assessment Year2025

About this property

Excellent opportunity to own a charming 1-bedroom, 1-bath home in a quiet, secure gated community in Houston’s desirable 77055 area. This well-located property includes all appliances and features valuable recent upgrades, including a new electrical panel installed within the last year and plumbing updates completed in 2023. The home offers a comfortable layout and low-maintenance living, making it ideal for a primary residence, downsizing option, or investment property. Enjoy the privacy of gated community living while being conveniently located near major highways, shopping, dining, and entertainment, with easy access to key Houston areas. Properties in this location rarely stay on the market long—schedule your showing today and discover the potential this home has to offer.

Investor Tools

Property Icon
$69,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$419 /month
Positive
Cash Flow Estimate:
$140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$87/month
$242/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$698
$61,872
2025
$11,756
$50,116
$61,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$698
$61,872

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$69,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$242/mo
+$853/mo
19.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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2011 Spenwick Drive 519 | Property Details | No Agent List