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$92,000

NAL Estimated Property Value

2021 Spenwick Dr Apt 312, Houston, TX, 77055

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths742 Sq Ft
price_per_sqft$119.95 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Oven, Refrigerator

Building Information

Year Built1982
Stories1

Land Information

APN1148690030003
SubdivisionSpring Point Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 312 BLDG C .00734 INT COMMON LAND & ELE SPRING POINT CONDO PH 2
Census Tract520604
Assessed Land Value$15,554
Assessed Improvement Value$66,308
Assessment Year2025

About this property

This charming one-bedroom condo, priced affordably presents an exceptional opportunity to create your dream space. This ground-floor unit offers a living area with a fireplace and plenty of natural light, an open kitchen with stool seating, pantry closet, and breakfast area, a bedroom with a large closet, and bath, and a private patio with a storage closet Complex has two community pools and is located in the heart of Spring Branch, a vibrant area known for its diverse community, excellent schools, and convenient access to I-10, US 290 and Loop 610. Don't miss the chance to make this your own. Schedule a visit today and envision the endless possibilities awaiting you in this charming apartment!

Investor Tools

Property Icon
$92,000
Estimated Property Value
$0Estimated Mortgage Balance
$92,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
$187/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$939
$81,862
2025
$15,554
$66,308
$81,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$939
$81,862

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$84,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$187/mo
+$908/mo
14.3%

Learn About the Market: Opportunity in Houston

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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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2021 Spenwick Dr Apt 312 | Property Details | No Agent List