1711 Old Spanish Trl APT 137, Houston, TX, 77054 | $263/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1711 Old Spanish Trl APT 137, Houston, TX, 77054 | $263/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1288 sft

15938 Rosebriar Dr, Missouri City, TX, 77489

1 Bed
1 Bath
799 sft

1711 Old Spanish Trl APT 240, Houston, TX, 77054

3 Bed
2 Bath
1300 sft

11030 Panther Ct, Houston, TX, 77099

4 Bed
3 Bath
2017 sft

8514 Deer Meadow Dr, Houston, TX, 77071

Nearby investment properties with comparable prices

1 Bed
1 Bath
981 sft

1711 Old Spanish Trl APT 136, Houston, TX, 77054

2 Bed
2 Bath
1344 sft

15918 Alta Mar Dr, Houston, TX, 77083

3 Bed
2 Bath
1777 sft

15818 Alta Mar Dr, Houston, TX, 77083

3 Bed
2 Bath
1108 sft

8522 Grand Knolls Dr, Houston, TX, 77083

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Houston at 1711 Old Spanish Trl APT 137, Houston, TX, 77054 uses $72,930 cash to close to unlock $3,160/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,828/mo, and a $1,077/mo payment keeps the spread at $263/mo. Purchase price stands at $220,000, and rental yield measures 9.97% with $1,828/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 127.34% and total cumulative return in cash records $92,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,828/mo property income covering a $1,077/mo payment rather than investor’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Medical Center convenience meets modern comfort! Discover this beautifully updated 1-bedroom condo at The Valencia, quietly tucked away on the 1st floor of this luxury gated community. Featuring a brand-new kitchen with soft-closing cabinets, granite countertops, stainless steel appliances, and a full-size washer and dryer, this home is move-in ready. Enjoy a peaceful setting with a charming Juliet balcony and large windows that bring in natural light. All utilitieselectricity, water, trash, and internetare included! The community offers resort-style amenities such as a pool and heated spa, fitness center, clubhouse with billiards and business area, BBQ grills, 24-hour courtesy officer, on-site management, and controlled-access parking garage with ample unassigned spaces. Just steps to the METRORail, NRG Stadium, Rice University, and the world-renowned Texas Medical Centeran unbeatable location and lifestyle!

Neighborhood Data

Neighborhood data shown for ZIP Code: 77054, Houston, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,481 (100%)
Owner Occupied HU	2,282 (13.8%)
Renter Occupied HU	12,097 (73.4%)
Vacant Housing Units	2,102 (12.8%)
Median Home Value	$269,018
Average Home Value	$335,532