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$59,900

3025 Walnut Bend Ln Apt 34, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths950 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$63.05 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5.70 acres

Building Information

Year Built1980
Stories1

Land Information

APN1150340120034
SubdivisionRiverstone 1 Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 34 BLDG L RIVERSTONE 1 CONDO PH 2
Census Tract452203
Assessed Land Value$20,508
Assessed Improvement Value$87,430
Assessment Year2025

About this property

Fantastic opportunity at an attractive price! This unfinished 2-bedroom, 1.5-bathroom property offers a blank slate to customize and finish to your liking. Featuring a private balcony and access to the community pool, this property offers great potential for homeowners or investors. Conveniently located with quick access to the Westpark Tollway and Beltway 8, making commuting, shopping, and dining easily accessible. HOA fees include water, sewer, and trash service. Bring your vision and make this property your own!

Investor Tools

$521,323Estimated Mortgage Balance
$107,938Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

Interested in this property?

Thomas Saunders

RE/MAX Universal

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,278
$107,938
2025
$20,508
$87,430
$107,938
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,278
$107,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Stand Alone Second / Subordinate Position
$547,950
No
First
Mar 7, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$521,323
N/A
0%
483%
$3,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$3,816/mo
$-2,386/mo
15.9%

City: Houston