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$350,000

2929 Buffalo Speedway # A1009, Houston, TX, 77098

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,047 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$334.29 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Trash Pick Up, Dog Run

Building Information

Year Built1965
Stories1

Land Information

APN1145270100009
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNIT 1009 BLDG A .00235 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$56,742
Assessed Improvement Value$241,901
Assessment Year2025

About this property

Lovely, light & bright, one-bedroom condo at the Lamar Tower in centrally located Upper Kirby area. Featuring a sizeable open-concept dining and living room with crown molding, custom plantation shutters, and beautiful engineered wood flooring. Enjoy outdoor living on an expansive covered balcony overlooking the pool, River Oaks tree-tops, playing fields, and downtown skyline. The bedroom boasts an ensuite with glass-enclosed shower, walk-in closet, and added custom closets. The baths and kitchen offer white cabinetry, neutral stone countertops, and tile flooring. There is also a pantry in the entry hall and built-ins in the dining room for storage galore. The Lamar Tower offers full-service amenities including: 24/7 valet & concierge, porters, central laundry, pool, party room, fitness center, dog park, outdoor gas grilling stations, onsite management & maintenance. Truly elevated lifestyle awaits.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$371,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Jennifer Jacaman

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$1,262/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$627
$298,643
2025
$56,742
$241,901
$298,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$627
$298,643

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,262/mo
+$378/mo
5.3%

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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