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$315,000

NAL Estimated Property Value

2111 Welch Street A206, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,390 Sq Ft
price_per_sqft$233.81 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Wood

Building Information

Year Built1992
Garage Spaces2

Land Information

APN1216400010038
SubdivisionThe Renaissance At River Oaks
Land UseResidential
Legal DescriptionUNIT A206 .004870 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS
Census Tract411100
Assessed Land Value$60,209
Assessed Improvement Value$229,261
Assessment Year2025

About this property

Beautiful condo in highly coveted River Oaks. River Oaks Elementary. Convenient and walking distance to restaurants, shops, entertainment, and nightlife. Come live in the heart of the city. The Renaissance at River Oaks features a beautiful pool and exercise room. Recent appliances. Beautiful wood floors. Primary features an over-sized walk-in shower with glass enclosure. Tons of cabinet space and storage space in closets. Living room features beautiful built-in cabinetry. Private patio off the living room. Minutes from Highland Village and River Oaks Shopping District. Condo is close to the elevator. Community is gated with controlled manned access gate. Unit is located on the 2nd floor of condos. Parking is on the ground floor.

Investor Tools

Property Icon
$315,000
Estimated Property Value
$227,941Estimated Mortgage Balance
$87,059Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$582/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,346
$289,470
2025
$60,209
$229,261
$289,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,346
$289,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Delmar Financial Co
Conventional
$254,000
No
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,941
$87,059
27%
72%
$1,523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,105/mo
$-145/mo
7.5%

Learn About the Market: Opportunity in Houston

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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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2111 Welch Street A206 | Property Details | No Agent List