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Owner Contacts

$527,000

NAL Estimated Property Value

108 Oak Place Drive A, Houston, TX, 77006

Off Market

3 Beds

4 Bath

2,337 Sq Ft

$204.96 / sqft

Built in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,568 sqft

Building Information

Year Built2000

Garage Spaces1

Land Information

APN1203560000002

Lot Number2

SubdivisionOak Place Court

Land UseResidential

Legal DescriptionLT 2 OAK PLACE COURT SEC 1

Census Tract410502

Assessed Land Value$141,120

Assessed Improvement Value$325,280

Assessment Year2025

About this property

Welcome to this stunning 3-story townhome in the heart of Midtown nestled within a gated community. Conveniently located within walking distance of local restaurants along with easy access to three major freeways. Spread across three levels, the home offers a spacious and well-designed layout. The ground floor features a bedroom with an ensuite bathroom and access to the private patio. Ascend to the second floor, the heart of the home, where an open-concept space seamlessly connects the living, kitchen, and dining areas; perfect for entertaining. The third floor is dedicated to the expansive primary suite and the 3rd bedroom, also with an ensuite bathroom. The home is elevator capable and has various enhancements including a freshly painted interior, windows, and roof. *Watch the virtual tour!*

Investor Tools

$527,000

Estimated Property Value

$49,638Estimated Mortgage Balance

$477,362Estimated Equity

90% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,162 /month

Positive

Cash Flow Estimate:

$1,054 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$774/month

$4,370/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,648

$466,400

2025

$141,120

$325,280

$466,400

Tax History

Year

Tax Paid

Assessed Value

2024

$6,648

$466,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Credit Line (Revolving) / Heloc

$50,000

First

Dec 29, 2025

Dec 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$49,638

$477,362

90%

$300/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,670/mo

$-2,090/mo

5.9%

Learn About the Market: Opportunity in Houston

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