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Owner Contacts

$287,000

NAL Estimated Property Value

2111 Welch Street A321, Houston, TX, 77019

Off Market

2 Beds

2 Bath

1,252 Sq Ft

Condos / Townhouses

$238.82 / sqft

Built in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Range, Dryer, Washer, Dishwasher

FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1992

Garage Spaces1

Land Information

APN1216400010085

SubdivisionThe Renaissance At River Oaks

Land UseResidential

Legal DescriptionUNIT A321 .004390 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS

Census Tract411100

Assessed Land Value$45,505

Assessed Improvement Value$193,993

Assessment Year2025

About this property

Recently renovated two bedroom split floor plan with zero carpet & an abundance of natural light! Kitchen has been updated with quartz countertops, tile backsplash & stainless appliances including a built-in wine fridge. Open concept living is perfect for entertaining with direct access to the balcony. Oversized primary bedroom features an en-suite bathroom & generous closet space. Secondary bedroom features a built-in study nook & also has direct access to a full bathroom. Full size washer/dryer provided. Community amenities include a large pool, hot tub, fitness center & club house. Unbeatable location within walking distance to cafés, restaurants, grocery stores, shopping & much more! Quick access to the Houston Medical Center and Downtown. Zoned to all three award winning schools: River Oaks Elementary, Lanier Middle & Lamar High. Quiet & gated complex with security guard on site 24/7.

Investor Tools

$287,000

Estimated Property Value

$0Estimated Mortgage Balance

$287,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,794 /month

Positive

Cash Flow Estimate:

$598 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$537/month

$820/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,014

$239,498

2025

$45,505

$193,993

$239,498

Tax History

Year

Tax Paid

Assessed Value

2024

$5,014

$239,498

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$287,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$820/mo

+$1,140/mo

8.2%

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