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Owner Contacts

$350,000

2929 Buffalo Speedway # A1806, Houston, TX, 77098

Off Market

1 Beds

2 Bath

1,071 Sq Ft

Condos / Townhouses

$326.8 / sqft

Built in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher

FlooringLaminate, Tile

Exterior

Exterior FeaturesDog Run, Balcony

Building Information

Year Built1965

Stories1

Garage Spaces1

Land Information

APN1145270180006

SubdivisionThe Lamar Tower Condo Amend

Land UseResidential

Legal DescriptionUNIT 1806 BLDG A .00242 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND

Census Tract411001

Assessed Land Value$56,088

Assessed Improvement Value$239,114

Assessment Year2025

About this property

Enjoy a lock & leave lifestyle at the Lamar Tower in the desirable Upper Kirby/River Oaks area. Featuring fabulous views from the 18th floor with an expansive terrace overlooking the Galleria/Uptown and breathtaking sunsets. This condo boasts laminate/tile flooring throughout, crown molding, granite counters, and a dining room that can be used as a study. Designer touches in black & white adorn the kitchen and powder bath. The sizeable bedroom offers an ensuite bathroom and walk-in closet. Take advantage of full-service amenities including: 24/7 valet & concierge, porter service, central laundry, pool, fitness center, party room, dog park, outdoor gas grills, onsite management and maintenance. Centrally located near shops, restaurants, and the upcoming RO development.

Investor Tools

$432,000

Estimated Property Value

$115,800Estimated Mortgage Balance

$334,811Estimated Equity

73% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,592 /month

Positive

Cash Flow Estimate:

$864 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$574/month

$1,285/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,723

$295,202

2025

$56,088

$239,114

$295,202

Tax History

Year

Tax Paid

Assessed Value

2024

$4,723

$295,202

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hometown American Inc

Conventional

$115,800

First

Aug 3, 2018

Sep 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$97,645

$254,355

72%

23%

$695/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,640/mo

$1,980/mo

$-340/mo

4.6%

Learn About the Market: Opportunity in Houston

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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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