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$262,000

2111 Welch Street A309, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,080 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$203.7 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1992
Garage Spaces1

Land Information

APN1216400010073
SubdivisionThe Renaissance At River Oaks
Land UseResidential
Legal DescriptionUNIT A309 .003790 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS
Census Tract411100
Assessed Land Value$46,397
Assessed Improvement Value$197,796
Assessment Year2025

About this property

Looking for a premier River Oaks area address? This is the condo you have been dreaming about. This move in ready 1 bedroom 1 bath condo has all of the bells and whistles you are searching for. Beautiful wood floors throughout. Large 16x14 living room, dining room, 15x13 master bedroom and 2 huge walk-in closets. Refrigerator and washer/dryer included. This 3rd floor unit and the assigned parking are close to the elevator. Manned gated community has beautiful landscaped grounds, sparkling pools, exercise room, clubhouse and more.

Investor Tools

Property Icon
$262,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,140Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$407/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,203
$244,193
2025
$46,397
$197,796
$244,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,203
$244,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$209,475
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,860
$75,140
28%
71%
$1,256/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,663/mo
$-23/mo
7.5%

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 A309 | Property Details | No Agent List