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$771,360

NAL Estimated Property Value

2929 Buffalo Speedway A2211, Houston, TX, 77098

$1,002,768 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths3,281 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$190.49 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesWasher/Dryer

Exterior

Private PoolPrivate Pool
Exterior FeaturesPlayground, Balcony

Building Information

Year Built1965
Stories1

Land Information

APN1145270220011
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNITS 2211 & 2213 BLDG A .00741 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$184,817
Assessed Improvement Value$586,543
Assessment Year2025

About this property

Amazing opportunity to renovate a double unit that offers over 3200 SqFt on the 22nd floor in The Lamar Tower. This rare double unit (2211 & 2213) w/ 40ft balcony featuring spectacular, unobstructed views of Memorial Park, River Oaks, and Downtown is ready for a buyer’s customization. The current layout of 2 bedrooms and 2.5 baths can be reconfigured into 4 or 5 bedrooms. $3,327.09 monthly maintenance fee includes all utilities, 24-hour security, concierge, porters & valet parking. Building amenities: exercise gym, pool, walking path, Garden room, outdoor grilling stations, fenced dog park & central laundry. Don’t miss out on this incredible chance to own a one-of-a-kind property in this luxury high rise. Within walking distance of the highly anticipated The RO, a new 17-acre mixed-use development coming to the intersection of W. Alabama & Buffalo Speedway. Embrace the potential, location, and lifestyle it offers. SELLING AS-IS-WHERE-IS. NO REPAIRS.

Investor Tools

Property Icon
$771,360
Estimated Property Value
$0Estimated Mortgage Balance
$771,360Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,002,768
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,628 /month
Positive
Cash Flow Estimate:
$1,543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,729/month
$3,327/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,886
$771,360
2025
$184,817
$586,543
$771,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,886
$771,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$771,360
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,327/mo
+$13/mo
5.2%

City: Houston

2929 Buffalo Speedway A2211 | Property Details | No Agent List