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Owner Contacts

$153,528

NAL Estimated Property Value

2300 Old Spanish Trl Apt 2125, Houston, TX, 77054

Off Market

1 Beds

1 Bath

907 Sq Ft

Condos / Townhouses

$159.87 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesMicrowave, Free-Standing Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Private Pool

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN1158280240013

SubdivisionRiverwalk Condo Ph 2

Land UseResidential

Legal DescriptionUNIT 2125 BLDG X .372766 INT COMMON LAND & ELE RIVERWALK CONDO PH 2

Census Tract314001

Assessed Land Value$29,170

Assessed Improvement Value$124,358

Assessment Year2025

About this property

Location, location, location! Welcome to the gated Riverwalk Condo community. Community amenities include 3 pools, a gorgeous clubhouse, a fitness center, and a guarded gate. This unit is located within minutes to the Medical Center, Reliant Stadium, TMC Transit Center, Baylor Medical, Rice University, and so much more. Inside the unit, you'll find fresh paint throughout. Cathedral ceilings, fireplace, and neutral color palate bring luxury and cozy together. There is a loft that could be used as a study or a guest bedroom. Step outside and enjoy the weather on the private balcony. Vacant and move-in ready, don't miss this one!

Investor Tools

$153,528

Estimated Property Value

$101,574Estimated Mortgage Balance

$51,954Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$921 /month

Positive

Cash Flow Estimate:

$307 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$326/month

$302/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,149

$153,528

2025

$29,170

$124,358

$153,528

Tax History

Year

Tax Paid

Assessed Value

2024

$3,149

$153,528

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Conventional

$110,400

First

Feb 16, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$101,574

$51,954

33%

66%

$662/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,400/mo

$964/mo

+$436/mo

10.9%

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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