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$134,800

2300 Old Spanish Trail 2063, Houston, TX, 77054

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths846 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$159.34 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate

Building Information

Year Built1983

Land Information

APN1158280110015
SubdivisionRiverwalk Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 2063 BLDG K .334955 INT COMMON LAND & ELE RIVERWALK CONDO PH 2
Census Tract314001
Assessed Land Value$28,002
Assessed Improvement Value$119,376
Assessment Year2025

About this property

Value pricing for this charming 1-bedroom condo w/ fireplace & a 2nd story flex space loft for multiple purposes! Located in the vicinity of Medical Center allowing residents to enjoy a 24-hour security manned gated. This Complex has 3 swimming pools, a fitness center, dry sauna with clubhouse! This unit has laminate flooring, high ceilings and patio/balcony next to living area. The kitchen has granite countertops, including refrigerator & washer/dryer. Recently replaced A/C and new water-heater. The spacious bedroom is paired with high ceilings, plus large walk-in closet. The loft area also has its own walk-in closet. Close proximity to Hermann Park, Museum District, NRG Stadium and the Texas Medical Center, this property presents Great first-time buyer opportunity waiting for your designing touch!

Investor Tools

$0Estimated Mortgage Balance
$147,378Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$884 /month
Positive
Cash Flow Estimate:
$295 /month

Interested in this property?

Tom Lien

Expertise Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$411/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,931
$147,378
2025
$28,002
$119,376
$147,378
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,931
$147,378

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$147,378
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$411/mo
+$989/mo
11.4%

City: Houston