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$110,000

3015 Walnut Bend Lane 31, Houston, TX, 77042

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,080 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$101.85 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Washer, Dishwasher

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1980
Stories1

Land Information

APN1144950050031
SubdivisionRiver Stone Condo Ph 1
Land UseResidential
Legal DescriptionTH 31 BLDG E .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

Fresh. Modern. Effortless living. Step into this beautifully updated 2-bedroom, 2-bath condo offering 1,080 sq ft of clean, low-maintenance living in the heart of West Houston. Thoughtfully renovated with no carpet throughout, this home features a sleek, open-concept layout perfect for both everyday living and entertaining. The kitchen has been upgraded with modern cabinetry, stylish countertops, and a seamless flow into the spacious living area—creating a bright and inviting atmosphere. Both bedrooms are generously sized, with ample closet space, while the bathrooms have been refreshed with contemporary finishes that feel clean and timeless. Enjoy the convenience of a prime location with quick access to the Westpark Tollway and Beltway 8, making commuting simple. HOA covers water, sewer, and trash—adding even more value and ease. Well-maintained, updated, and priced to move—this is one of the best opportunities in the area. Schedule your private showing today!

Investor Tools

$4,488Estimated Mortgage Balance
$116,455Estimated Equity
96% 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

Interested in this property?

Larissa Shumpert

Collective Realty Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,432
$120,943
2025
$22,979
$97,964
$120,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,432
$120,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Capital Mtg
N/A
$28,500
N/A
First
May 25, 1999
Jun 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,488
$116,455
96%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$470/mo
+$960/mo
14.2%

City: Houston