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Days30Days on Market
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$635,000

2929 Buffalo Speedway # A1508, Houston, TX, 77098

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,787 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$355.34 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesDog Run, Balcony

Building Information

Year Built1965
Stories1

Land Information

APN1145270150008
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNIT 1508 BLDG A .00399 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$84,335
Assessed Improvement Value$359,533
Assessment Year2025

About this property

Highly desirable, split floorplan at Lamar Tower high-rise in Upper Kirby that was completely remodeled with unique features. Enjoy open-concept living and dining with custom built-in's, hardwood flooring, crown molding, plantation shutters, and an expansive balcony with sweeping South views. The kitchen boasts a breakfast bar, granite countertops, double ovens, stainless appliances, custom cabinetry with under-cabinet lighting, and built-in pantry. Entertain at your dry bar with glass shelving and wine & beverage refrigerators. The primary suite features a re-designed ensuite bathroom with dual vanities and a separate shower and soaking tub. The opposite end was reconfigured with a hallway leading to the secondary bedroom, hall bath, laundry closet (includes stacked washer/dryer), and rare large walk-in storage closet. Take advantage of a convenient lifestyle with full-service amenities: 24/7 concierge/valet, porter, gym, pool/grill, dog park, onsite management/maintenance.

Investor Tools

Property Icon
$602,000
Estimated Property Value
$130,000Estimated Mortgage Balance
$489,629Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /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
$649/month
$2,127/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,781
$443,868
2025
$84,335
$359,533
$443,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,781
$443,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$130,000
No
First
Sep 5, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,371
$489,629
81%
19%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,907/mo
$-947/mo
3.9%

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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