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$399,999

2929 Buffalo Speedway # A909, Houston, TX, 77098

On MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,047 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$382.04 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony/Terrace, Exercise Room, Storage, Trash Chute
Lot Size3.37 acres

Building Information

Year Built1965
Stories1

Land Information

APN1145270090009
SubdivisionThe Lamar Tower Condo Amend
Land UseResidential
Legal DescriptionUNIT 909 BLDG A .00235 INT COMMON LAND & ELE THE LAMAR TOWER CONDO AMEND
Census Tract411001
Assessed Land Value$78,225
Assessed Improvement Value$333,484
Assessment Year2025

About this property

This turnkey high-rise residence has been masterfully redesigned and completely renovated with high-end finishes. Blending warmth with a sophisticated neutral palette, the home exemplifies modern transitional style. The open-concept living area features an expansive kitchen with a porcelain-topped island containing a microwave and warming drawer, custom cabinetry, a farmhouse sink, an integrated refrigerator, and a paneled dishwasher, all complemented by an antique built-in china cabinet. For added versatility, the office alcove includes a double Murphy bed and antique wood barn doors for guest privacy. The primary suite is finished with hardwood floors, crown molding, and custom window coverings, while the ensuite bath offers a marble vanity, a walk-in shower, and a large walk-in closet. Located in Lamar Tower, the property is a short walk from St. John’s and Lamar High School and just moments away from the premier shopping and dining of Highland Village, River Oaks, and Upper Kirby.

Investor Tools

$292,799Estimated Mortgage Balance
$118,910Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,470 /month
Positive
Cash Flow Estimate:
$823 /month

Interested in this property?

Amy Dupont

Compass RE Texas, LLC - Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$1,009/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,676
$411,709
2025
$78,225
$333,484
$411,709
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,676
$411,709

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$312,000
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,799
$118,910
28%
71%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,880/mo
$-1,240/mo
4.8%

City: Houston

2929 Buffalo Speedway # A909 | Property Details | No Agent List