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Owner Contacts

$146,065

2300 Old Spanish Trl Apt 1046, Houston, TX, 77054

Off Market

2 Beds

1 Bath

838 Sq Ft

Apartment

$1.67 / sqft

Built in 1983

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

Building Information

Year Built1983

Garage Spaces2

Land Information

APN1158280080006

SubdivisionRiverwalk Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 1046 BLDG H .344408 INT COMMON LAND & ELE RIVERWALK CONDO PH 1

Census Tract314001

Assessed Land Value$27,752

Assessed Improvement Value$118,313

Assessment Year2025

About this property

STUNNING, newly renovated condo. Rich, QUARTZ countertops, modern flooring, beautiful fixtures & an open kitchen overlooking the living room is available NOW. Large bedrooms & lots of natural lighting. Bathroom has a spacious shower. THIS unit has an excellent location near 1 of the 2 giant pools! Unit has a washer/dryer in it. Cozy back porch. ---- Amenities include TWO large pools, a spa, a gym area, outdoor grill, patio tables, security guard at front entrance, clubhouse w a kitchen, cozy fireplace & TONS of rooms for relaxing & enjoying life. (You'll enjoy the easy access to the freeway. Nestled in the desired area of Houston's THE Medical Center & Michael E. DeBakey VA Medical Center!!) Just a short drive to Downtown Houston gives endless potential. Parking unassigned. Video tour of this great condo apt. is available by texting agent. *Table/chairs will be removed before tenant move in.* Measurements are approx. Verify if important.

Investor Tools

$146,065

Estimated Property Value

$140,850Estimated Mortgage Balance

$11,606Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$876 /month

Positive

Cash Flow Estimate:

$292 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$311/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,996

$146,065

2025

$27,752

$118,313

$146,065

Tax History

Year

Tax Paid

Assessed Value

2024

$2,996

$146,065

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loanpeople Llc

Conventional

$140,850

First

Nov 15, 2023

Dec 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$134,459

$11,606

92%

$845/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,400/mo

$845/mo

+$555/mo

11.5%

Learn About the Market: Opportunity in Houston

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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.

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