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$98,000

NAL Estimated Property Value

2021 Spenwick Dr Apt 127, Houston, TX, 77055

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths742 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$131.94 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Building Information

Year Built1981
Stories1

Land Information

APN1148690010016
SubdivisionSpring Point Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 127 BLDG A .00734 INT COMMON LAND & ELE SPRING POINT CONDO PH 1
Census Tract520604
Assessed Land Value$17,163
Assessed Improvement Value$73,168
Assessment Year2025

About this property

This beautiful updated 1 bedroom, 1 bath condo w/washer and dryer connections is located in the Heart of Spring Branch/close to downtown. Large Family room has a wood burning fireplace and a great balcony w/storage closet that overlooks the pool area. Owner's retreat has a large bedroom, walk-in closet, updated vanity and a tub w/shower. You will enjoy cooking in this spacious kitchen with breakfast bar, pantry and dining area. Condo has all new light fixtures, door handles, plumbing fixtures and many more upgrades. The gated complex offers residents well maintained grounds with a hot tub, two swimming pools and parking. Spring Point 1 is located between Hwy 290, I-10 and 620. It is just minutes from Houston's best dining spots, shopping areas and entertainment.

Investor Tools

Property Icon
$98,000
Estimated Property Value
$80,561Estimated Mortgage Balance
$17,439Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$588 /month
Positive
Cash Flow Estimate:
$196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
$179/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$815
$90,331
2025
$17,163
$73,168
$90,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$815
$90,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$87,400
No
First
Mar 29, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,561
$14,439
15%
82%
$525/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$704/mo
+$391/mo
13.4%

City: Houston

2021 Spenwick Dr Apt 127 | Property Details | No Agent List