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$121,512

3045 Walnut Bend Ln Apt 28, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,167 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$84.83 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Building Information

Year Built1980
Stories1

Land Information

APN1150340140028
SubdivisionRiverstone 1 Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 28 BLDG N RIVERSTONE 1 CONDO PH 2
Census Tract452203
Assessed Land Value$23,087
Assessed Improvement Value$98,425
Assessment Year2025

About this property

Welcome Home! This three bedroom two bath home is a great place to call your own. As you enter the condo, you will find the kitchen to your left and dining area to your right. Straight ahead of you is the living area ready for you to make your own. Upon walking up to the living area, the primary bedroom is on your right. This bedroom has its own private bath and makes for a nice retreat at the end of the day. Down the hallway to your left, there is a laundry room right past the the kitchen. The bedrooms are located to the right and straight down the hall. The bathroom is on the left past the laundry. There is a large screened in porch that makes a nice place to sit and enjoy the evenings. The community has a pool as well as tennis courts.

Investor Tools

Property Icon
$121,512
Estimated Property Value
$0Estimated Mortgage Balance
$121,512Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$729 /month
Positive
Cash Flow Estimate:
$243 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
$413/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,519
$121,512
2025
$23,087
$98,425
$121,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,519
$121,512

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$121,512
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$413/mo
+$1,467/mo
18.6%

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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3045 Walnut Bend Ln Apt 28 | Property Details | No Agent List