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$233,000

NAL Estimated Property Value

2111 Welch Street A302, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths995 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$226.13 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1992
Garage Spaces1

Land Information

APN1216400010066
SubdivisionThe Renaissance At River Oaks
Land UseResidential
Legal DescriptionUNIT A302 .003490 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS
Census Tract411100
Assessed Land Value$42,978
Assessed Improvement Value$183,222
Assessment Year2025

About this property

River Oaks Lifestyle at a fraction of the cost! Beautifully renovated 1 bedroom 1 bathroom corner unit at the highly accessible Renaissance at River Oaks. Bathed in natural light this one-of-a-kind unit features spacious living room with built-ins, kitchen with breakfast bar and plenty of cabinet space, high ceilings, wood and tile floors, and private balcony with storage closet. Brand new AC installed 8/20. Security and privacy is maintained through 24-hour manned gated access. The Renaissance at River Oaks offer all the amenities with prime Inner Loop location: Club house with pool, exercise room and party room, elevators, dog park. Unit is walking distance to excellent restaurants, cinema and shops at River Oaks Shopping Center; just minutes to and from Downtown, Medical Center, and Galleria. Zoned to River Oaks Elementary, this condo also has tons of gated guest parking. Great opportunity to live in one of Houston's most exclusive districts!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$0Estimated Mortgage Balance
$233,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$419/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$372
$226,200
2025
$42,978
$183,222
$226,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$372
$226,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$419/mo
+$1,221/mo
8.4%

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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2111 Welch Street A302 | Property Details | No Agent List