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$310,000

NAL Estimated Property Value

2111 Welch Street B318, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,390 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$229.5 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage

Building Information

Year Built1992

Land Information

APN1216400020062
SubdivisionThe Renaissance At River Oaks
Land UseResidential
Legal DescriptionUNIT B318 .004870 INT COMMON LAND & ELE PRIVATE RESIDENCES CONDO 2ND AMEND THE RENAISSANCE AT RIVER OAKS
Census Tract411100
Assessed Land Value$55,969
Assessed Improvement Value$238,606
Assessment Year2025

About this property

Located near the River Oaks Shopping Center & Buffalo Bayou hike/bike trails, the spacious 2- bedroom/2-bathroom top floor condo is ready for move in! Features include wood flooring in the main living areas & bedrooms with high vaulted ceiling! Fireplace, breakfast bar kitchen, high ceilings, walk-in closets & a balcony. With entry gate, The Renaissance at River Oaks is a well-maintained property with quick access to great restaurants, retail shopping & grocery stores. Onsite amenities include a large pool, hot tub, club room & fitness room.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$239,401Estimated Mortgage Balance
$70,599Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$723/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,043
$294,575
2025
$55,969
$238,606
$294,575
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,043
$294,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$251,200
No
First
Oct 19, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,401
$70,599
22%
77%
$1,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,230/mo
$-270/mo
7.6%

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 B318 | Property Details | No Agent List