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$391,048

2929 Buffalo Speedway # A1412, Houston, TX, 77098

SoldInfo
7/24/26
Beds2 Beds
Baths2 Bath
Baths1,585 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.59 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room

Building Information

Year Built1965
Stories1

Land Information

APN1145270140012
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNIT 1412 BLDG A .00351 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$74,299
Assessed Improvement Value$316,749
Assessment Year2025

About this property

This 14th floor, 2 bed/2 bath residence offers exceptional potential and is ready for its next owner. Large windows illuminate the spacious living room complete with built-in shelving and an open flow to the dining room that is great for everyday living and entertaining. The efficient kitchen features beautiful parquet wood flooring. The primary suite includes an en-suite bath and generous walk-in closet, while the secondary bedroom offers flexibility for guests, family, or a home office. Additional highlights include in-unit laundry, ample storage, and private balcony with city views. Residents of Lamar Tower enjoy lock & leave living with full-service amenities including valet and concierge, on-site management and engineering, dog park, party rooms, fitness studio, outdoor cooking areas, and a resort-style pool and spa. Maintenance fees include utilities. Fantastic Inner Loop location near premier shopping, dining, Highland Village, River Oaks, and the Med Center. Per seller.

Investor Tools

Property Icon
$391,048
Estimated Property Value
$0Estimated Mortgage Balance
$391,048Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
$1,834/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,211
$391,048
2025
$74,299
$316,749
$391,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,211
$391,048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$519,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,834/mo
+$126/mo
6.0%

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.

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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2929 Buffalo Speedway # A1412 | Property Details | No Agent List