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$120,943

NAL Estimated Property Value

3005 Walnut Bend Ln Apt 31, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,080 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$72.22 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringLaminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1979
Stories1

Land Information

APN1144950040031
SubdivisionRiver Stone Condo Ph 1
Land UseResidential
Legal DescriptionTH 31 BLDG D .00556 INT COMMON LAND & ELE RIVER STONE CONDO PH 1
Census Tract452203
Assessed Land Value$22,979
Assessed Improvement Value$97,964
Assessment Year2025

About this property

Price and location!! Perfect combination for this 2 bedrooms 2 bathrooms unit nestled in the quiet and highly desirable Westchase area. Unit is on the 3rd level of the building with elevator to get to. NO CARPET through out! Formal dining, family room with open dining concept. Large balcony. Condo needs TLC, sold as-is. Close in proximity to City Center, Memorial City Mall, and minutes from the Galleria. Located between Richmond and Westheimer with easy access to Beltway 8. Amenities including gated entry, tennis court and pool. Come and schedule your showing for today!

Investor Tools

Property Icon
$120,943
Estimated Property Value
$65,595Estimated Mortgage Balance
$55,348Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,406
$120,943
2025
$22,979
$97,964
$120,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,406
$120,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$72,242
No
First
Jul 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,595
$55,348
45%
54%
$434/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$816/mo
+$614/mo
14.2%

City: Houston

3005 Walnut Bend Ln Apt 31 | Property Details | No Agent List