$1,000
2021 Spenwick Dr Apt 216, Houston, TX, 77055
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher
FlooringLaminate
Building Information
Year Built1981
Stories1
Land Information
APN1148690020007
SubdivisionSpring Point Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 216 BLDG B .00734 INT COMMON LAND & ELE SPRING POINT CONDO PH 1
Census Tract520604
Assessed Land Value$15,286
Assessed Improvement Value$65,165
Assessment Year2025
About this property
Charming 1 bedroom 1 bathroom condo quietly nestled in the peaceful gated community of Spring Point. Open plan allows for easy interaction between the living and dining room areas, living room also features a ceiling fan and fireplace. Ideal kitchen offers granite counter tops. Large bedroom and huge laundry/master bath space with a sizable walk-in closet. Enjoy relaxing outside on the secluded patio with large storage room. NEAR MAJOR FREEWAY I-10 KATY FREEWAY, 610 AND 290!
Investor Tools
$0Estimated Mortgage Balance
$88,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$528 /month
Positive
Cash Flow Estimate:
$176 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$923
$80,451
2025
$15,286
$65,165
$80,451
No
Tax History
Year
Tax Paid
Assessed Value
2024
$923
$80,451
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$80,451
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
N/A
+$1,095/mo
14.9%
