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$1,295

9700 Leawood Blvd Apt 2115, Houston, TX, 77099

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,195 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1982

Land Information

APN1155800210015
SubdivisionLeawood Condo
Land UseResidential
Legal DescriptionUNIT 2115 BLDG U .275 INT COMMON LAND & ELE LEAWOOD CONDO SEC 1
Census Tract453404
Assessed Land Value$19,546
Assessed Improvement Value$83,330
Assessment Year2025

About this property

Recently updated condo with new interiors. The stylish kitchen features granite countertops, full stainless steel appliances, and a large pantry. The spacious living room includes a nice-sized dining area. The master bath has a stand-up shower, while the secondary bath has a bathtub. Both bathrooms have elegant granite top vanities. There's also a laundry room, although the tenant will need to provide their own washer and dryer. The condo is situated in a quiet complex near Bissonnet and Beltway 8, providing easy access throughout Houston.

Investor Tools

$72,071Estimated Mortgage Balance
$30,805Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$617 /month
Positive
Cash Flow Estimate:
$206 /month

Interested in this property?

Cyrus Saffari

Trust Max Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,161
$102,876
2025
$19,546
$83,330
$102,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,161
$102,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Purchase Money Mortgage
$75,000
No
First
Mar 25, 2024
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,071
$30,805
29%
70%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$450/mo
+$857/mo
15.2%

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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9700 Leawood Blvd Apt 2115 | Property Details | No Agent List