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$90,000

3100 Walnut Bend Ln Apt 201, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths798 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$112.78 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Microwave, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringBrick, Vinyl Plank

Exterior

Private PoolPrivate Pool
Lot Size8.28 acres

Building Information

Year Built1981
Stories1

Land Information

APN1149110150001
SubdivisionTerra Courtyard Condos Ph 3
Land UseResidential
Legal DescriptionTH 201 BLDG G .00620 INT COMMON LAND & ELE TERRA COURTYARD CONDOS PH 3
Census Tract452204
Assessed Land Value$18,634
Assessed Improvement Value$79,438
Assessment Year2025

About this property

This fully updated first floor one bedroom unit that is a value gem you won't find in this market. With thoughtful and well executed updates, this property is move-in ready eliminating the need for costly updating in a market where materials and labor can easily get out of hand. Located in the popular Westchase District, most everything you need to live is within a 1 to 2 mile radius including Target, Whole Foods, HEB, Randall's, Trader Joe's, Petco, and a host of other everyday needed products and services. There is a walking trail just outside the gate for morning or afternoon walks. The area has gone significant beautification updates and is a value bomb at this price.

Investor Tools

$72,079Estimated Mortgage Balance
$25,993Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$588 /month
Positive
Cash Flow Estimate:
$196 /month

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Royce Kennedy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$682
$98,072
2025
$18,634
$79,438
$98,072
No

Tax History

Year
Tax Paid
Assessed Value
2020
$682
$98,072

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$29,700
No
First
Jun 6, 2013
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,079
$25,993
26%
73%
$497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$847/mo
+$353/mo
14.7%

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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