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$69,000

2021 Spenwick Dr Apt 724, Houston, TX, 77055

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths528 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$130.68 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1982
Stories1

Land Information

APN1148690070011
SubdivisionSpring Point Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 724 BLDG G .00538 INT COMMON LAND & ELE SPRING POINT CONDO PH 2
Census Tract520604
Assessed Land Value$11,556
Assessed Improvement Value$49,267
Assessment Year2025

About this property

Affordable, updated and conveniently located! Updated studio condo located on the 2nd floor of a gated community in Spring Branch. Centrally located with easy access to Houston. This corner unit overlooks one of two community pools. Kitchen has new cabinets, countertops and includes refrigerator and microwave. Tile floors throughout. Fireplace and high ceiling. Bathroom has a nice sized vanity area and a shower/tub. One assigned covered parking space. Includes water, sewer, trash, pool access, and landscaping. Laundry inside the unit.

Investor Tools

$0Estimated Mortgage Balance
$73,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$438 /month
Positive
Cash Flow Estimate:
$146 /month

Interested in this property?

Stephen Myshrall

CB&A, Realtors- Southeast

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$89/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$698
$60,823
2025
$11,556
$49,267
$60,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$698
$60,823

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$68,000
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
18.0%

City: Houston

2021 Spenwick Dr Apt 724 | Property Details | No Agent List