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$178,000

2300 Old Spanish Trl Apt 1136, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,019 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Building Information

Year Built1983

Land Information

APN1158280260008
SubdivisionRiverwalk Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1136 BLDG Z .418797 INT COMMON LAND & ELE RIVERWALK CONDO PH 2
Census Tract314001
Assessed Land Value$32,720
Assessed Improvement Value$139,492
Assessment Year2025

About this property

Energy efficient, first flooring living, the best location in the community. Over-looking the pool & spa, by the security guard post, workout center and clubhouse. Enter community through guarded gate entrance for extra security. Features: granite counters, updated kitchen cabinetry, attractive laminate flooring throughout (no carpet!), full-size washer, dryer & refrigerator INCLUDED, spacious bedrooms w/private baths and garden tubs, large living and private patio, fireplace, light and bright corner unit and vaulted ceilings. Minutes from med center, the museum district, park, trails and restaurants. Water, pool and workout room are included FOR FREE! Call to schedule your appointment today!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$88,000Estimated Mortgage Balance
$94,415Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,532
$172,212
2025
$32,720
$139,492
$172,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,532
$172,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$88,000
No
First
Aug 9, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,585
$88,627
51%
47%
$528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$528/mo
+$1,142/mo
11.3%

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 1136 | Property Details | No Agent List