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$142,289

NAL Estimated Property Value

2300 Old Spanish Trl Apt 1062, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths815 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$190.18 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Building Information

Year Built1983

Land Information

APN1158280110006
SubdivisionRiverwalk Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1062 BLDG K .344408 INT COMMON LAND & ELE RIVERWALK CONDO PH 2
Census Tract314001
Assessed Land Value$27,035
Assessed Improvement Value$115,254
Assessment Year2025

About this property

Ground floor 2 bedroom 1 bath in gated community. Short distance to the Medical Center and Downtown. Beautifully remodeled in the last 2 years. 24x24 tile flooring throughout. Granite counter tops in kitchen. Kitchen open to living room and dining room. Wonderful patio next to living room. Second bedroom with vaulted ceilings. Hollywood bath with oversized tub. 24 hour manned gate. Clubhouse with gym. 3 pools in the complex. Short distance to VA Hospital, UT Shuttle, Ut Dental Schoo, Metro bus stop and Baylor College of Medicine.

Investor Tools

Property Icon
$142,289
Estimated Property Value
$135,751Estimated Mortgage Balance
$6,538Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,919
$142,289
2025
$27,035
$115,254
$142,289
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,919
$142,289

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$144,400
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,751
$6,538
4%
95%
$866/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,247/mo
+$153/mo
11.8%

Learn About the Market: Opportunity in Houston

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Explore

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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2300 Old Spanish Trl Apt 1062 | Property Details | No Agent List