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$287,000

NAL Estimated Property Value

2111 Welch Street A113, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,244 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$227.49 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringBamboo, Slate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1992
Garage Spaces1

Land Information

APN1216400010013
SubdivisionThe Renaissance At River Oaks
Land UseResidential
Legal DescriptionUNIT A113 .004360 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS
Census Tract411100
Assessed Land Value$52,628
Assessed Improvement Value$224,362
Assessment Year2025

About this property

Here’s your chance live inside the loop in River Oaks area. 2111 Welch St #A113 is a 2-Bed | 1.5-Bath condo conveniently located on first living space floor, right above parking garage. Bamboo/slate floors throughout, NO CARPET. Well-appointed kitchen features stainless steel appliances, granite countertops, and a wine bar & wine refrigerator. Primary suite includes a large walk-in closet that has been renovated with pullout drawers and shelf space. Primary bath with double vanities recently updated shower/tub with frameless shower enclosure. Private balcony off the living room is a great relaxation area for the whole party. Residents of the gated condo complex enjoy access to Mediterranean-style pool & lounge area, clubhouse, fitness center, & outdoor picnic areas. Minutes from 59 and I-45, Highland Village, Galleria Mall, Medical Center and Memorial. Luxurious, safe and convenient. Make the call.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$241,751Estimated Mortgage Balance
$45,249Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
$648/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,276
$276,990
2025
$52,628
$224,362
$276,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,276
$276,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$254,520
No
First
Aug 29, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,751
$45,249
15%
84%
$1,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,174/mo
$-534/mo
6.9%

City: Houston

2111 Welch Street A113 | Property Details | No Agent List