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Owner Contacts

$229,000

NAL Estimated Property Value

2100 Welch St Apt C113, Houston, TX, 77019

Off Market

1 Beds

1 Bath

926 Sq Ft

$265.55 / sqft

Built in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile

Exterior

Exterior FeaturesBalcony, Exercise Room, Side Green Space, Storage

Building Information

Year Built1992

Land Information

APN1216400030013

SubdivisionThe Renaissance At River Oaks

Land UseResidential

Legal DescriptionUNIT C113 .003250 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS

Census Tract411100

Assessed Land Value$39,909

Assessed Improvement Value$170,138

Assessment Year2025

About this property

Welcome to the chic and stylish dream of a home where charm will surround you on all sides in the form of tree-lined sidewalks, little cafes, and boutiques. The excellent area amenities will excite you including the River Oaks shopping center, Allen Parkway trails, restaurants, and downtown Houston is a short 10 minute drive. The living room is a place to entertain, kick back and relax. It is a place that will make you feel cozy yet welcomed. The kitchen and dining become the perfect place to share a conversation or eat comfort food. Primary bedroom is light and bright. The unit has an additional storage closet located off the balcony for bicycles or an electric grill.

Investor Tools

$229,000

Estimated Property Value

$200,966Estimated Mortgage Balance

$28,034Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,475 /month

Positive

Cash Flow Estimate:

$492 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$460/month

$606/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,370

$210,047

2025

$39,909

$170,138

$210,047

Tax History

Year

Tax Paid

Assessed Value

2024

$4,370

$210,047

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mega Capital Funding Inc

Conventional

$213,400

First

Mar 2, 2023

Apr 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$200,966

$37,034

15%

88%

$1,280/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,886/mo

$-246/mo

8.6%

Learn About the Market: Opportunity in Houston

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