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$169,000

2300 Old Spanish Trl Apt 1060, Houston, TX, 77054

Off Market

2 Beds

2 Bath

993 Sq Ft

Condos / Townhouses

$170.95 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringVinyl

Building Information

Year Built1983

Land Information

APN1158280110004

SubdivisionRiverwalk Condo Ph 2

Land UseResidential

Legal DescriptionUNIT 1060 BLDG K .418797 INT COMMON LAND & ELE RIVERWALK CONDO PH 2

Census Tract314001

Assessed Land Value$30,167

Assessed Improvement Value$128,605

Assessment Year2025

About this property

Welcome to this Bright & Spacious First Floor Corner Condo Located in the Highly Sought After Riverwalk Gated Community, Right in the Heart of the Medical Center. Freshly Painted w/Brand New Flooring Throughout—No Carpet. The Open Living & Dining are Filled w/Natural Light from the Abundant Windows & Open to a Private Patio. Updated Kitchen Features New Quartz Countertops, Tile Backsplash & Large Sink w/Modern Faucet. The Primary Bedroom includes an Ensuite Bath w/New Toilet. Guest Bedroom Boasts Cathedral ceiling, Ceiling Fan & Walk-in Closet. The Guest Bath has a New toilet & Offers Private Entrance to Guest Bedroom. Enjoy the Amenities of this Gated Community, including 3 Pools, Exercise room, Bike racks, Clubhouse & 24-hour Guard for Added Peace of Mind. An Unbeatable Location—across from VA Hospital, just minutes from the Medical Center, with Easy Access to 288, 610, 59 & Nearby Restaurants & Shops. Don’t miss this Beautifully Updated, Low Maintenance Condo in a Prime Location!

Investor Tools

$169,000

Estimated Property Value

$0Estimated Mortgage Balance

$169,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,019 /month

Positive

Cash Flow Estimate:

$340 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$355/month

$515/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,412

$158,772

2025

$30,167

$128,605

$158,772

Tax History

Year

Tax Paid

Assessed Value

2024

$3,412

$158,772

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$162,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$515/mo

+$1,155/mo

11.9%

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.

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