17Days on Market

1view

$204,900

2300 Old Spanish Trl Apt 1109, Houston, TX, 77054

On Market

2 Beds

2 Bath

1,019 Sq Ft

Condos / Townhouses

$201.08 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile

Exterior

Private Pool

Exterior FeaturesExercise Room

Building Information

Year Built1983

Land Information

APN1158280220005

SubdivisionRiverwalk Condo Ph 3

Land UseResidential

Legal DescriptionUNIT 1109 BLDG V .418797 INT COMMON LAND & ELE RIVERWALK CONDO PH 3

Census Tract314001

Assessed Land Value$32,720

Assessed Improvement Value$126,985

Assessment Year2025

About this property

MEDICAL CENTER LOCATION, GUARD-GATED COMMUNITY + GREAT AMENITIES • Welcome to 2300 Old Spanish Trail #1109 in Riverwalk Condominiums, a well-located condo community just minutes from the Texas Medical Center, NRG Stadium, Rice University, Hermann Park, and the Museum District. This is a great option for buyers looking for convenience, low-maintenance living, and easy access to some of Houston’s major employment, education, medical, and entertainment hubs. Riverwalk offers a 24-hour manned guard station, clubhouse, fitness center, and three community pools, including one located just steps from this unit. Whether you’re a first-time buyer, investor, or simply looking for a convenient lock-and-leave near the Medical Center, this location makes everyday living easy with quick access to 610, 288, Main Street, and nearby dining, parks, and transit.

Investor Tools

$0Estimated Mortgage Balance

$159,705Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,229 /month

Positive

Cash Flow Estimate:

$410 /month

Interested in this property?

Jon Caballero

Happen Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$223/month

$530/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,881

$159,705

2025

$32,720

$126,985

$159,705

Tax History

Year

Tax Paid

Assessed Value

2024

$1,881

$159,705

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$159,705

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$530/mo

+$1,140/mo

12.5%

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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